Ravi Parthasarathy

Parthasarathy became the CEO of IL&FS when it was founded in 1989 and was promoted to chairman in 2006

Corporate fraud and other white collar crimes aren’t from Mars

Is there something different about the mind of the potential white collar criminal? No, the business school they went to and the big-name companies they worked for are not good indicators of honesty.

EOW Chennai arrests former IL&FS Group head Ravi Parthasarathy in 'Rs 1 lakh crore scam'

The IL&FS group which consists of more than 350 group companies was used as a "vehicle to perpetrate fraud" by the then management headed by Ravi Parthasarathy, the Economic Offences Wing said.

ED registers money-laundering case against former IL&FS top brass, raids company's offices

The Enforcement Directorate (ED) has registered a case against former top officials of IL&FS, including its former chairman Ravi Parthasarathy, under the Prevention of Money Laundering Act (PMLA).

NCLAT offers IL&FS Sec MD monthly Rs 2 lakh withdrawal but upholds NCLT asset-freeze order

The National Company Law Appellate Tribunal (NCLAT) has allowed one of the senior officials of IL&FS, S Rengarajan, to withdraw Rs 2 lakh per month.

IL&FS saga: Here are answers to the Rs 90,000-crore questions investors have been asking

A look at the five Ws (who, what, where, when, why) and H (how) of the entire IL&FS saga

IL&FS, Lone Star Funds to invest $550mn in stressed assets

American private equity firm Lone Star Funds and India's infrastructure financing company IL&FS will jointly invest $550 million in stressed infrastructure projects in India.

Sebi settles Adani Exports scrip case with 5 persons

Markets regulator Sebi has settled a case with five individuals of erstwhile Investmart India Ltd regarding alleged manipulation in the scrip of Adani Exports more than 16 years ago.

IL&FS Infra gets Rs 550-crore commitment for debt fund

With this, the fund has achieved total commitment of Rs 1,380 crore since inception in 2013, including current Rs 830 crore asset under management, a company statement said here today.