India in search of better corporate governance landscape
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The long-running fraudulent activities at crisis-ridden IL&FS could have been revealed way back in 2017, but for a cover-up job done by the top management in connivance with the... Read more »
The Serious Fraud Investigation Office (SFIO) which was investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) group has observed lapses in 13 loans worth around Rs 1,080 crore... Read more »
The Serious Fraud Investigation Office (SFIO) has been investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) since last October. Now, they are turning to cyber forensics to dig... Read more »
Shares of Apollo Tyres hit a 26-month low of Rs 185 apiece, down 5 per cent intra-day on the BSE on Thursday, after the company reported a drop of 66 per... Read more »
Loan exposure worth Rs 12,000 crore of almost 55 green companies of crisis-hit IL&FS group is likely to be settled by July end, a senior government official said as... Read more »
Even as its petition is pending at the National Company Law Tribunal (NCLAT) have asked for review of the ban on banks classifying the IL&FS accounts as non-performing assets... Read more »
Debt-laden Infrastructure Leasing & Financial Services (IL&FS) April 22 announced that GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The bidding process to... Read more »
State-owned Gail India is one of the few firms waiting eagerly to buy the energy assets of crisis-ridden Infrastructure Leasing and Financial Services (IL&FS), The Economic Times reported. The assets could... Read more »
The flagship lending unit of Infrastructure Leasing & Financial Services Ltd (IL&FS) has 90 per cent of non-performing loans, a company executive said on Wednesday, as the current management... Read more »