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IL&FS Page-4

Parliamentary panel to summon RBI governor Patel on IL&FS controversy

The RBI governor had blamed the bank management for lapses.

24 Oct 2018 11:03 AM

IL&FS may sell financial services, energy arms

Uday Kotak’s lieutenant Raghunath is architect of the revival plan.

22 Oct 2018 9:24 AM

IL&FS Investment Managers non-executive director resigns from board

This is in continuation to a spate of resignations of the board of directors from IL&FS and its group firms.

19 Oct 2018 5:50 PM

Saudi-based ICD halts plan for USD 1 billion fund with IL&FS

The ICD is a multilateral development institution that supports the economic development of its 53 member countries.

15 Oct 2018 2:09 PM

NCLAT stays proceedings against IL&FS, group companies

NCLT had turned down its plea for 90 days moratorium over the loans taken by the IL&FS and its subsidiaries.

15 Oct 2018 12:59 PM


BJP’s rule has been bad for the economy

Respected financial analysts are of the view that Rs 57,000 crores out of this Rs 91,000 crores is already a non-performing asset (NPA).

14 Oct 2018 2:07 AM

IL&FS' new board initiates austerity measures

The firm and its subsidiaries have defaulted on several debt repayments recently due to liquidity crisis.

12 Oct 2018 7:39 PM

Untangling knots at IL&FS will be long and arduous

A closed user group (CUG) enjoyed the fruits of a poisoned tree for 30 years as all oversight mechanisms failed to nail the malfeasance.

10 Oct 2018 12:08 AM

SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity crisis

The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.

09 Oct 2018 7:07 PM

IL&FS loan account remains standard, says Bank of Baroda

The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.

09 Oct 2018 7:00 PM


IL&FS: Emerging India’s very own ‘robber baron’

The new management has been quick to reassure investors that the value in IL&FS shares will not be allowed to be eroded.

09 Oct 2018 12:21 AM

IL&FS board likely to meet again this week

It will consume time to explore the exact reasons behind the present mess.

07 Oct 2018 2:13 PM

Two IL&FS group cos defy broader market trend; surge up to 10 pc

Shares of IL&FS Investment Managers also witnessed similar trend and jumped by 5 per cent.

05 Oct 2018 1:31 PM

Cong seeks white paper on IL&FS, questions board’s credibility

He also raised questions over reports that the National Highways Authority of India (NHAI) was being roped in to buy out some of IL&FS’ assets.

05 Oct 2018 3:17 AM

Govt determined to contain IL&FS crisis to avoid any adverse impact: Jaitley

The government earlier this week superseded the board of IL&FS.

04 Oct 2018 7:10 PM


Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

03 Oct 2018 7:53 PM

India’s ostrich club and the global recession

The moral of the market economy is that small disasters trigger bigger ones, potentially.

03 Oct 2018 1:31 AM

Hopes rise for IL&FS revival

The appointment of a new board of well-known names, including a top banker, raises hopes for the revival of IL&FS.

03 Oct 2018 1:23 AM

Move gets thumbs up

Markets reacted positively to government’s swift action, according to analysts.

02 Oct 2018 1:55 AM

Fearing gloom, govt takes over debt-hit IL&FS

This is the third time in less than 10 years that the government has been forced to step in and supersede the board of a listed company in India.

02 Oct 2018 1:37 AM