NCLAT allows banks to declare defaulting ILFS accounts as NPAs
A bench headed by Chairman Justice S J Mukhopadhaya lifted the embargo on the banks to declare the accounts of the debt-ridden IL&FS and its 300 group entities, which are unable to pay their debt.
May 03, 2019, 09:52 AM IST
Govt mulling fresh bidding for Rs 6,800-cr Zojila Tunnel after scrapping IL&FS contract
IL&FS was awarded the contract for building the strategic14.2 km-long Zojila tunnel to provide all-weather connectivity between Srinagar, Kargil and Leh.
Jan 18, 2019, 12:07 PM IST
Stake sale: IL&FS claims over dozen responses for 2 arms
On November 12, the company had initiated the process for divesting its stake in both the subsidiaries. The group has 348 subsidiaries, nearly half of which are overseas.
Nov 27, 2018, 10:59 AM IST
Sebi may come out with stricter norms for liquid mutual funds
Besides, Sebi is looking to make it mandatory for liquid funds to mark to market the value of all bonds that have maturity of 30 days or more.
Nov 12, 2018, 17:17 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
Explained! Why LIC is bailing out debt-laden IL&FS
LIC was only seen rescuing debt-ridden public enterprise.
Aug 14, 2018, 13:32 PM IST
