January 01, 2020 2:04 am
This was conveyed by Uday Kotak, chairman of the government-appointed board of the NBFC, on Tuesday, while addressing its annual general meeting.
December 27, 2019 4:32 am
The regulator said in its order that despite the declining financial indicators of IL&FS, the rating agencies failed to intervene on time.
December 06, 2019 4:24 am
The two-member Bench also observed that there would be confusion if the inspector rank personnel-led probe led to a different conclusion than the SFIO.
December 05, 2019 3:47 am
Firm has net liabilities of Rs 16,935.1 crore; ability to raise funds impaired, says auditor
November 12, 2019 4:58 pm
Schoolnet India Ltd (erstwhile IL&FS Education & Technology Service Ltd) would be sold to Career Point Publications Pvt Ltd (CPPPL).
October 18, 2019 4:08 am
Power Finance Corporation, Bank of Baroda and India Infradebt are the external lenders to these seven wind energy assets.
September 27, 2019 1:52 am
The financial affairs of the IL&FS group came under scrutiny last year after it defaulted on short-term and long-term debt obligations to the tune of Rs 91,000 crore.
September 05, 2019 3:59 am
On June 8, the Ministry of Corporate Affairs (MCA) had filed a petition with the NCLT seeking to ban Deloitte and BSR for five years under Section 140 (5) of the Companies Act.
September 04, 2019 2:39 am
The National Company Law Tribunal (NCLT) will start hearing arguments from September 5 based on merits for imposing the ban, which was initiated by the government.
August 21, 2019 3:41 am
Earlier this year, GAIL had offered Rs 4,785.7 crore for the IL&FS stake in seven companies under IL&FS Wind Energy — Lalpur Wind Energy, Etesian Urja, Khandke Wind Energy, Retadi Wind Power, Wind Urja India, Tadas Wind Energy and Kaze Energy.