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The newly constituted board of the beleaguered IL&FS under the chairmanship of Uday Kotak may meet this week again to chalk out the future course of action to resolve the current financial crisis, according to a source.

IL&FS board likely to meet again this week

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

7 Oct 2018 2:13 PM IST

The government on Monday said it stands fully committed to ensuring that needed liquidity is arranged for the debt-trapped IL&FS to prevent any more defaults in payment of loans by the non-banking financial company.

Govt to ensure liquidity for IL&FS to prevent defaults: Finance...

NCLT allowed the government to take over the board of IL&FS.

1 Oct 2018 6:10 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi board approves tighter norms for full disclosure on loan defaults...

Officials said there have been occasions when some entities have sought to take the benefit of certain regulatory gaps.

22 Aug 2019 12:23 PM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Jaitley asks PSU banks to take effective action against frauds,...

Formalisation of the economy would help India achieve sustainable growth of 8 per cent.

25 Sept 2018 4:27 PM IST