October 17, 2019 08:46 PM IST The seven wind power plants, held through seven special purpose vehicles through IL&FS Wind Energy, are spread across 12 states with a total generation capacity of 874 mw and have a combined debt of around Rs 3,700 crore.
October 07, 2019 08:40 PM IST DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments.
October 04, 2019 07:55 PM IST The two officials have been arrested in connection with a National Spot Exchange Limited (NSEL) scam, six years after it first came to light.
October 01, 2019 09:45 PM IST The government appointed Kotak to head the lender's board, which will help the troubled company come out of difficulties, after the state took over the board.
October 01, 2019 06:42 PM IST Kotak said that Rs 36,000 crore of debt has been resolved so far, and that they are considering alternative monetisation plans like Infrastructure Investment Trust (InvITs) seriously.
September 27, 2019 08:04 PM IST The ministry had earlier proposed the appointment of Chitale & Co, CNK & Associates LLP, Borkar & Mazumdar & Co, and GM Kapadia &Co as auditors.
September 26, 2019 12:32 PM IST A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has issued notice to the Gujarat Urja Vikas Nigam over the IL&FS plea.
September 19, 2019 10:00 PM IST A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has directed to list the case on November 18 for next hearing.
September 18, 2019 07:06 PM IST Infrastructure Leasing & Financial Services (IL&FS) has to pay the amount within 45 days
September 18, 2019 09:15 AM IST If Indian regulators were rendered toothless in prosecuting Satyam’s auditors, it is only a testament to our legal system’s inadequacy in dealing with violators.
September 17, 2019 08:09 PM IST HCPL houses various land parcels/development rights for properties aggregating to nearly 494 acres spread across six sites in Telangana, Andhra Pradesh and Uttar Pradesh.
September 16, 2019 07:06 PM IST Hill County Properties houses various land parcels and development rights for properties aggregating to 494 acres spread across six sites including three in Hyderabad (437 acres) and one each in Vijayawada and Visakhapatnam and Meerut
September 12, 2019 03:34 PM IST The step could especially benefit those without steady income flows and credit histories, the group that has traditionally turned towards the informal sector for high-cost credit
September 10, 2019 06:52 PM IST The 14 bids were opened on September 9, and the board and the advisor are evaluating them, the company said in a statement Tuesday.
September 10, 2019 10:54 AM IST The Gurgaon Metro is the country's first fully privately-developed project which was built by the Infrastructure Leasing & Financial Services (IL&FS).
September 04, 2019 10:11 PM IST The fraud investigation agency had filed the case against the audit firm before a special court in Mumbai and the proceedings were being heard by a bench of the National Company Law Tribunal (NCLT).
August 30, 2019 10:15 PM IST The group said the process for inviting binding bids for the road assets was launched through a public advertisement inviting expressions of interest.
August 28, 2019 08:23 PM IST Last month, IL&FS had said it would completely exit the wind energy business, held under IL&FS Wind Energy to Orix, with NCLT for final approval.
August 22, 2019 04:38 PM IST The 14.2 km tunnel project was earlier awarded to IL&FS Transportation Network, the road development arm of IL&FS.
August 20, 2019 07:40 PM IST Orix Corporation of Japan is already an equity partner in the group and owns 49 percent stake in each of these seven operating wind power plants.
August 20, 2019 05:10 PM IST The NCLT is scheduled to hear on September 5 the corporate affairs ministry's application seeking a five-year ban on the auditor afresh on September 5.
August 19, 2019 04:30 PM IST The market regulator received many complaints from CRAs about not receiving full disclosures on the potential risks to the securities
August 16, 2019 08:30 PM IST ED's investigation also revealed that credit rating agencies were pressurised for favourable ratings.
August 14, 2019 09:34 AM IST August 11, 2019 05:25 PM IST The board of IL&FS has already approved the sale of these entities to ORIX Corporation in its board meeting held on June 28.
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