IL&FS


CBI Case Against IL&FS Subsidiary For Defrauding Canara Bank, SBI, PNB, 16 Other

World - Published date: .

According to reports the CBI has alleged that IL&FS subsidiary cheated the banks of a total of ₹ 6,524 crore ... Read more

McLeod-IL&FS Out-of-court Settlement Likely To Be Completed In Two Weeks

Banking - Published date: .

Bulk tea major McLeod Russel India Ltd and IL&FS are currently engaged in negotiations towards an out-of-court settl... Read more

NCLT Admits Application Seeking CIRP Against McLeod Russel India

Banking - Published date: .

IL&FS sought to initiate CIRP against McLeod Russel in connection with a default in payment in 2019 Read more

Creditors Of IL&FS Financial Services To Get Rs 3,200 Cr Interim Payout

Banking - Published date: .

IL&FS Financial Services' creditors, including 28 lenders and debenture holders, will get an interim amount of Rs 3,... Read more

Tata Sons Exploring Ways To Get Out Of Upper Layer NBFC List: Report

Banking - Published date: .

Since the collapse of IL&FS in 2018, the RBI has been gradually tightening the regulatory framework for NBFCs Read more

IL&FS To Distribute Rs 20,000 Cr Proceeds To Creditors By March End

Banking - Published date: .

The decision of interim distribution was taken because the group is expected to have a considerable amount of distributa... Read more

IL&FS Group Receives Rs 1,925 Cr From Haryana Govt For Gurgaon Metro

Banking - Published date: .

Supreme Court had on March 26 directed the state's urban local authority to deposit 80% of the total debt of Rs 2,407 cr... Read more

Dalmia Bharat Gets Securities Worth Rs 344 Cr Back From IL&FS Securities

Banking - Published date: .

Cement maker Dalmia Bharat Ltd on Friday said securities worth Rs 344 crore have been credited back to the demat accoun... Read more

Debt-laden IL&FS Sells 49% Stake In China Road Asset For Rs 1K Crore

Banking - Published date: .

IL&FS has duly received Rs 1,035 crore (or $141.3 million) in Singapore as part of this stake sale transaction Read more

Supreme Court Directs Haryana Govt To Pay Rs 1,925 Crore To IL&FS

Banking - Published date: .

Matter relates to the two-phase Gurugram metro rail project Read more

Franklin Templeton's Closures Reflect Poorly On India's Capital Markets

Banking - Published date: .

Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost Read more

IL&FS Resolves Rs 1,460 Crore Debt In Q2; Misses Target Due To Covid-19

Banking - Published date: .

The board is now looking to resolve Rs 13,200 crore of additional debt by December 2020 Read more