In the news
9 Apr 2019

Gail India leads race to acquire IL&FS Energy Assets

Gail India is a front runner to acquire the Energy Assets of IL&FS. The Assets could fetch close to Rs 6000-8000 crore and include controlling stake in the wind power generating plants

In the news
5 Apr 2019

GIFT City CEO Quits

The Managing Director and CEO of Gift City has to step down as IL&FS has decided to discontinue his services as it could no longer afford to pay his salary

In the news
5 Apr 2019

Mother Diary invested Rs 190 cr in IL&FS, sends SOS to PM after default

Days before IL&FS defaulted on its loan payments in the last week of August, Mother Dairy Foods and Vegetable Private Limited decided to make a series of investments totaling Rs 190 crore in IL&FS.

In the news
5 Apr 2019

IL&FS fiasco raises questions on credibility of raters: Injeti

Corporate Affairs Secretary Injeti Srinivas said the credibility of rating agencies has come under a cloud after the IL&FS crisis

In the news
4 Apr 2019

Creditors can expect fair distribution of Proceeds

Creditors can expect a fair distribution of Proceeds from the IL&FS Resolution Process, reports ET

Press release
3 Apr 2019

Second Press Conference - Update Presentation

The Board of IL&FS held its second press conference and shared an update on the Progress made in the last six months. The presentation made is enclosed

In the news
3 Apr 2019

Link of the Press Conference

The Full Press Conference link - credit Bloomberg Quint

In the news
2 Apr 2019

SFIO arrests former IL&FS Vice Chairman Hari Sankaran

The Serious Fraud Investigation Office (SFIO) has made its first big arrest in the IL&FS by taking its former vice-chairman Mr Hari Sankaran into custody today.

In the news
27 Mar 2019

No taker for jobs of Independent Directors in IL&FS Group Companies

The position of Independent Directors in IL&FS and its Group companies, once a prized job for retired bureaucrats and top corporate executives, has lost its shine - as many as 77 positions are vacant and there are few takers

In the news
25 Mar 2019

Rating the Rater - No Easy Solution

IL&FS defaults highlights the need to tighten the regulatory framework governing Credit Rating agencies

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