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1 min read
IL&FS initiates interim distribution payout of ₹3,200 crore in IFIN
The IL&FS Group has initiated its largest Interim Distribution pay-out till date in IL&FS Financial…
2 mins read
IL&FS replaces auditor SRBC & Co amid allegations of professional misconduct by NFRA
“M/s SRBC and Co. LLP will be ineligible to continue as auditors of the Company for the financia…
1 min read
NCLT-ILFS
IL&FS: NCLT threatens to get Axis Bank, StanC CEOs arrested
Mumbai, Nov 25 () The Mumbai NCL…
PTI
2 mins read
Top stocks to watch— TCS, Future Consumer, ONGC, Zydus Wellness, HDFC, IL&FS, Angel Broking, Sun Pharma and others
The Indian stock market is likely to open in red on Thursday, amid the weak sentiments from the glo…
2 mins read
IL&FS case: The latest arrests in India's largest financial scandal of 2018 are for alleged money laundering
Arun Shah was the Joint Managing Director of IL&FS Financial Services while K Ramchandra w…
2 mins read
HSBC moves to liquidate IL&FS company in Singapore court
The application has been listed for hearing on March 20 and "any creditor or contributory of …
PTI
3 mins read
In the IL&FS scam, auditors will not be left off the hook for their role
The NCLT is empowered to pass order to implead them under Section 242 of the Companies Act, 20…
PTI
1 min read
NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt
"In view of the relief sought by the applicant, this bench hereby approved that sale of shares of …
PTI
1 min read
Corp Affairs Min reviews IL&FS resolution progress
New Delhi, Dec 13 () The corporate affairs ministry this week reviewed the steps taken to address t…
PTI
2 mins read
NCLT approves sale of IL&FS stake in GIFT City to Gujarat govt
A two-member NCLT bench headed by acting president B S V Prakash Kumar allowed IL&FS to sell it…
PTI
3 mins read
IL&FS crisis was red-flagged in 2018 'confidential' note by the DEA
"DEA had raised red signals of the likely collapse of IL&FS and had expressed its deep conce…
PTI
2 mins read
Sebi mulls raising penalty on rating agencies in IL&FS case
Sebi, in its order, had noted that the exposure of IL&FS at the relevant times was critical to…
PTI
1 min read
NCLAT dismisses Deloitte, KPMG pleas against impleadment in IL&FS matter
The appellate tribunal, however, granted a relief to both auditors and other independent directors…
PTI
1 min read
IL&FS case: NCLAT to provide formula for distribution of proceeds among creditors
New Delhi, Jan 16 () The National Company Law Appellate Tribunal (NCLAT) on Thursday said it will p…
PTI
2 mins read
Indian pension fund says it won’t lend money to private companies
The credit crunch in the Indian economy is getting more acute by every passing day. The latest…
2 mins read
Budget 2019: RBI will regulate housing finance companies, tighten hold on NBFCs
"The National Housing Bank (NHB), besides being the refinancer and lender, is also regulator of…