December 31, 2019 4:40 am
Total liabilities of the non-banking financial company (NBFC) fell 8.76 per cent year-on-year (y-o-y) to Rs 16,635.72 crore, while total assets in FY19 fell 79.5 per cent to Rs 3,831.16 crore.
July 19, 2019 7:04 am
Sources confirmed that Brickwork Ratings — an agency promoted by Canara Bank — allegedly gave favourable ratings to debt instruments of IL&FS group companies as its founder director D. Ravishankar allegedly received IL&FS Group’s hospitality in Spain along with his family.
June 13, 2019 11:17 am
PenBrook is a joint venture of Mumbai-based real estate company Peninsula Land and Canada-based investment firm Brookfield. Sources said IL&FS Trust Company Ltd, (now called Vistra ITCL after it was acquired by Vistra in 2016), was the trustee company that kept these cheques.
May 09, 2019 6:56 am
Officials of these four agencies — Care Ratings Ltd, ICRA Ltd, India Ratings and Research Pvt Ltd and Brickwork Ratings India Pvt Ltd — have been summoned and questioned by the SFIO in the last one month on their role in rating the debt papers of IFIN between 2014 and 2018.
April 26, 2019 3:45 am
The government alleged that Bawa is in contempt of an NCLT order dated December 3, which effectively put a freeze on all movable and immovable assets of Bawa and eight other former senior officials of the IL&FS group.
January 03, 2019 3:48 am
Both the repayments were due on January 1, IFIN informed the Bombay Stock Exchange (BSE) on Wednesday.