In the news
13 Jul 2019

Three IL&FS Group Cos to service Rs 3,300 crore debt

IL&FS and Lenders reach pact, Company says it will take up 10 more companies next

In the news
2 Jul 2019

IL&FS - Miles to go for Resolution - BS Analysis

The 270-day NCLT deadline is over but the new Board and the investigating agencies are just about warming up

Press release
30 Jun 2019

IL&FS Board meeting on June 28, 2019

Highlights of the IL&FS Board meeting held on June 28, 2019 where the Board reviewed the resolution progress and formed a committee to finalise asset wise resolution with lenders

In the news
28 Jun 2019

IL&FS crisis has disciplined NBFCS

The RBI, in its stability report released on Thursday, said that IL&FS case has brought the NBFC sector under greater market discipline as better performing companies continue to raise funds while the ones with asset quality concerns were subjected to higher borrowing costs

In the news
27 Jun 2019

Supreme Court stays settlement of illegal Allied trades

The Supreme Court order provides relief for IL&FS as it must await judiciary bodies orders, not pay from own pocket

In the news
26 Jun 2019

Govt pays IL&FS lenders to avoid default on sovereign guarantee

The Govt has paid upto Rs 25 crore to ADB and KFW on sovereign guarantees issued on behalf of IL&FS and is staring at another Rs 250 crore payout towards guaranteed IL&FS loans

In the news
26 Jun 2019

IL&FS firms prepare books as per INDAS

Company will take last audited results as the base to prepare financial statement; accounts need to be ready by September 30, 2019

In the news
21 Jun 2019

IL&FS arm gets approval to revive Birpur-Bihpur project

Financially troubled IL&FS Engg and Construction Company is witnessing early improvement in its road portfolio with a go ahead to start work on one of its road project which was earlier up for foreclosure

In the news
21 Jun 2019

No Action on IL&FS Babus

IL&FS thrived due to its bureaucratic cover, time to go after them.

In the news
21 Jun 2019

BSR Resigns as IFIN auditors

BSR @ Associates, which has resigned as the auditors of IFIN said it has also filed replies to the petitions and applications filed by MCA with NCLT

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