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

In the news
25 Mar 2019

Immunity Sought for People hired by IL&FS Board

Board of IL&FS wants immunity for Directors, Financial Advisors from any Financial, Legal or Regulatory Liability. ET Reports

In the news
20 Mar 2019

RBI Moves NCLAT against curbs on NPA Tag for IL&FS Group Companies

RBI has moved NCLAT against its order restricting financial institutions from identifying the accounts of debt laden IL&FS group companies as NPA. The Bench, however, replied that it had not prohibited banks from recoqnising NPAs but has only asked the banks to seek the permission from NCLAT before doing so

In the news
19 Mar 2019

Making Headway

Asset Monetisation is the best way forward for IL&FS, but it is likely to be a long drawn process

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