Ilfs Subsidiaries

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Ilfs Subsidiaries - Total results - 4
Govt to seek special dispensation from RBI to defer provisioning of loans to IL&FS group firms; asset monetisation gains pace
Business

Govt to seek special dispensation from RBI to defer provisioning of loans to IL&FS group firms; asset monetisation gains pace

Following the crisis at IL&FS late last year that raised concerns over liquidity in the system, the corporate affairs ministry had superseded its board.

Uday Kotak says IL&FS resolution looks complex as subsidiaries more  than double to 348 entities
Business

Uday Kotak says IL&FS resolution looks complex as subsidiaries more than double to 348 entities

Uday Kotak said it was the new management's job to to act in favour of arious stakeholders and ensure it is done fairly

IL&FS crisis: Govt supercedes management; 6-member board appointed with Uday Kotak as chairman
Business

IL&FS crisis: Govt supercedes management; 6-member board appointed with Uday Kotak as chairman

The debt-laden IL&FS said on Saturday it is working on a detailed restructuring plan and will appoint Alvarez & Marshal to formulate a turnaround strategy.

IL&FS, 40 of its subsidiaries move National Company Law Tribunal seeking to restructure debt
Business

IL&FS, 40 of its subsidiaries move National Company Law Tribunal seeking to restructure debt

In a letter to its employees, IL&FS had claimed that if funds worth Rs 16,000 crore stuck with concession authorities were released on time, it would not have landed in this mess.