Latest News on Infrastructure Leasing And Financial Services
Showing of 0 - 10 from 14 results
Infrastructure Leasing And Financial Services - Total results - 14
Jun 07, 2019
IL&FS case: Former top brass got foreign trips, private jets, chopper ride in return for faster loans, reveals SFIO probeForeign trips, private jet travels, chopper riders and interior decoration at houses aboard -- the probe into the IL&FS saga has unearthed many such inducements that the top brass allegedly got from borrowers in return for faster loans and delayed recoveries
May 22, 2019
IL&FS crisis' adverse impact on NBFC growth may lead to consolidation in sector: Fitch RatingsThe debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking
Apr 23, 2019
GAIL emerges highest bidder for IL&FS wind power plants at Rs 4,800 cr for 7 wind power assetsGAIL's offer of around Rs 4,800 crore for 100 percent enterprise value contemplates no hair-cut to the debtors of these seven special purpose vehicles
Jan 11, 2019
NCLAT suggests appointing former Supreme Court judge for IL&FS asset sales; next hearing on 28 JanuaryThe new management of the IL&FS is considering assets sales to bail out the company from its financial mess and pay back to its lenders over Rs 90,000 crore
Dec 05, 2018
Uday Kotak-led IL&FS board to axe 65% workforce across the group to reduce wage billIL&FS said that the new board has taken various initiatives towards rationalising manpower with a view to reduce costs associated therewith
Nov 16, 2018
India house prices to rise at half the rate of consumer price inflation in 2019; Delhi will be hit hardest: PollHouse prices have risen at almost double-digit rates for over a decade in a country of 1.3 billion people, where for many, owning a home is still a dream.
Nov 05, 2018
IL&FS crisis: Multiple options explored, selling the firm as going concern best-case scenario, says Injeti SrinivasThe government has seized control of IL&FS and ordered an inquiry by the Serious Fraud Investigation Office.
Oct 30, 2018
IL&FS crisis: Efforts underway to stabilise the system, normalcy to return in couple of weeks: SBI Chief Rajnish KumarResponding to a question on IL&FS and the impact of shadow banking on the Indian economy, Kumar said since it is an NBFC, it has had a contagion effect.
Oct 29, 2018
State of the economy: IL&FS crisis could spread to other NBFCs if resolution doesn’t come fast, says Siddharth PurohitSiddharth Purohit, research analyst at SMC Global securities, speaking at Firstpost State of the economy dialogues, an interview series where experts analyse the economy
Oct 23, 2018
IL&FS revival plan: New board could include stake sale says govt official, rules out budgetary supportThe revival plan could include selling big stakes in its businesses, including IL&FS Financial Services and IL&FS Energy Development, or even “closing” them, the official said.