IL&FS debt

NCLT allows dismissal of IL&FS board; appoints new 6-member board

A new 6-member board headed by Uday Kotak will lead the debt ridden IL&FS board.

Oct 01, 2018, 16:33 PM IST

Govt moves NCLT for management change at IL&FS

Sources close to IL&FS said it is likely to support the application as it will help resolve all the pending issues and reach at a comprehensive solution for the benefit of all stakeholders.

Oct 01, 2018, 15:12 PM IST

India's shadow banking sector likely to face shake-up after IL&FS default

The NBFC loan books have grown at nearly twice the pace of banks, and the cream of them, including IL&FS, had received top credit ratings.

Sep 28, 2018, 15:03 PM IST

IL&FS looks to exit project financing: Report

The report comes a day after the company`s IL&FS Financial Services Ltd unit said it missed repayments on a host of bank loans and some term deposits due this month.

Sep 28, 2018, 12:31 PM IST

RBI cancels meeting with IL&FS shareholders

IL&FS's annual general meeting is scheduled for September 29 here.

Sep 27, 2018, 17:49 PM IST

IL&FS will not be allowed to collapse, all options open: LIC chief

The Life Insurance Corporation (LIC) has the largest shareholding in IL&FS.

Sep 26, 2018, 15:35 PM IST

IL&FS gives presentation on Rights Issue of Rs 4,500 crore to investors: Sources

One of the shareholders, who is also one of the founding members of the IL&FS group, has informed that shareholders won't subscribe to the rights at a rate above Rs 500 per share.  

Aug 22, 2018, 10:19 AM IST