Ilfs Group

Showing of 41 - 60 from 49 results
Ilfs Group - Total results - 49
IL&FS Investment Managers non-executive director Vibhav Kapoor resigns from board
Business

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

The IL&FS group is facing serious liquidity crisis and has defaulted on interest payment on various debt repayments since 27 August. It has over Rs 91,000 crore in debt at the consolidated level.

NCLAT stays proceedings against IL&FS, 348 subsidiaries in 'larger public interest, economy'
Business

NCLAT stays proceedings against IL&FS, 348 subsidiaries in 'larger public interest, economy'

The NCLAT also directed to implead the top five lenders of IL&FS and asked to submit their replies over the government's plea seeking 90 days moratorium.

IL&FS group value to be preserved, says chairman Uday Kotak after five-hour board meet
Business

IL&FS group value to be preserved, says chairman Uday Kotak after five-hour board meet

After its maiden meeting, chairman of the new board Uday Kotak told reporters that the board will meet the IL&FS shareholders including state-run LIC which has 25.34% stake, Orix Corporation of Japan with over 23.7% stake, HFC, SBI and Central Bank, at an appropriate time

IL&FS crisis: Redemption pressure on mutual funds, capital inadequacy for smaller NBFCs among key concerns
Business

IL&FS crisis: Redemption pressure on mutual funds, capital inadequacy for smaller NBFCs among key concerns

In only the second instance in nearly a decade, the government has superseded the management of IL&FS where state-owned LIC is a major shareholder.

IL&FS crisis: Former independent directors write to new chairman Uday Kotak, extend support in turn around efforts
Business

IL&FS crisis: Former independent directors write to new chairman Uday Kotak, extend support in turn around efforts

Five former independent directors, in a letter, have mentioned about IL&FS being unable to raise additional equity despite several attempts and the "asset-liability" mismatch that continued to aggravate

IL&FS crisis: Eight charts present financials, other details of cash-strapped infrastructure conglomerate
Business

IL&FS crisis: Eight charts present financials, other details of cash-strapped infrastructure conglomerate

The IL&FS has come under the scanner of multiple regulators, including SEBI, for alleged defaults related to financial disclosures and corporate governance.

Debt-ridden IL&FS will not be allowed to collapse, all options open: LIC Chairman VK Sharma
Business

Debt-ridden IL&FS will not be allowed to collapse, all options open: LIC Chairman VK Sharma

IL&FS Financial Services, a group company of IL&FS defaulted on one of its commercial paper (CP) issuances due for repayment on Monday

IL&FS scare: Govt steps in to allay investor fears; Arun Jaitley assures all measures to ensure liquidity
Business

IL&FS scare: Govt steps in to allay investor fears; Arun Jaitley assures all measures to ensure liquidity

Arun Jaitley's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday over concerns of liquidity crisis being faced by some of the NBFCs.

Closely monitoring financial markets, ready to take action, say RBI and Sebi after sharp meltdown on Friday
Business

Closely monitoring financial markets, ready to take action, say RBI and Sebi after sharp meltdown on Friday

The markets had opened on a strong note. After an intra-day swing of 1,495.60 points, the Sensex closed at 36,841.60, down 279.62 points.