In August 2009, the government-appointed board allowed IL&FS to take control of the infra firm.
02 Oct 2018 12:24 AM
The IL&FS Group is involved in many infrastructure projects including through equity and debt financing.
02 Oct 2018 12:20 AM
NCLT allowed the government to take over the board of IL&FS.
01 Oct 2018 6:10 PM
IL&FS, where LIC is the largest shareholder with 25.34 per cent stake, has a debt burden of over Rs 90,000 crore.
01 Oct 2018 12:43 PM
The shareholders gave nod to raise as much as Rs 15,000 crore through the issue of non-convertible debt instruments.
01 Oct 2018 12:32 AM
The announcement came at the annual general meeting (AGM) of the company that has been defaulting on debt obligations.
29 Sep 2018 1:46 PM
Sebi too kept its eyes shut all these years despite losses mounting alarmingly.
26 Sep 2018 1:53 AM
Jaitley is probably aware he can’t have corporate failures with elections approaching.
25 Sep 2018 12:05 AM
IL&FS has nearly Rs 35,000 crore consolidated debt, IL&FS Financial Services has Rs 17,000 crore of debt.
22 Sep 2018 1:43 PM
When tenders were floated for the first time, six companies including Scomi Engineering showed interest in running the corridor.
23 Dec 2017 6:37 AM