BSE shares jump nearly 2% after Goldman Sachs buys shares worth Rs 401 crBSE share price: Goldman Sachs, based in the US, through its subsidiary Goldman Sachs (Singapore), acquired 7.28 lakh shares of BSE Ltd, as...
20 Feb, 2025, 09.30 AM IST
HFCL shares in focus on securing Rs 2,500 cr advance work order from BSNLHFCL share price: HFCL has become the first company to enter into an agreement with BSNL as the Project Implementation Agency (PIA) for the...
20 Feb, 2025, 09.19 AM IST
NCLT approves Rs 6,000 crore sale of Chenani Nashri Tunnelway to Cube HighwaysThe National Company Law Tribunal has cleared the sale of Chenani Nashri Tunnelway, owned by IL&FS, to Cube Highways for ₹6,000 crore. This...
20 Feb, 2025, 12.33 AM IST
Edelweiss Alternatives sells CNTL loan to ACRECNTL, wholly owned by IL&FS Transportation Networks (ITNL), is likely to be resolved through transfer to an InvIT structure as part of its ...
05 Oct, 2023, 12.52 AM IST
IL&FS pays Rs 920 crore to secured creditors of CNTLAfter Cube Highways' proposed deal for CNTL fell through, IL&FS opted to resolve it through an InvIT. IL&FS did not extend the deadline of ...
03 Apr, 2023, 06.18 AM IST
IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditorsThe IL&FS Group has paid back Rs 29,000 crore to secured creditors, with an interim pay-out of Rs 920 crore for subsidiary Chenani Nashri T...
02 Apr, 2023, 04.50 PM IST
Lenders approve IL&FS' debt recast proposal for CNTLThe three-day voting opened on March 21 and saw the lenders favouring debt recast as it offers them 99 per cent of their money while unsecu...
27 Mar, 2022, 02.11 PM IST
Secured lenders reject IL&FS' Jammu tunnel debt recast planLast December, IL&FS proposed a debt recast for Chenani Nashri Tunnelway Ltd (CTNL), after a ₹3,900 crore deal to sell the special purpose ...
26 Feb, 2022, 11.17 AM IST
IndusInd Bank sells Rs 4,050 crore distressed retail and corporate loans to ARC in last nine monthsThe bank sold Rs 2,552 crore loans to Edelweiss ARC and Rs 1,500 crore to Omkara ARC in separate pools comprising retail and corporate loan...
18 Jan, 2022, 07.15 PM IST
Arcil offers 27% recovery to IndusInd Bank for ITNL promoted Chenani Nashri Tunnelway LtdEarly this month, Ares SSG Capital-backed asset reconstruction company, Assets Care and Reconstruction Enterprise (ACRE) acquired Federal B...
14 Dec, 2021, 09.13 PM IST
Federal Bank sells CNTL loan at 25% discountThe Kerala-based lender sold the loan after the road asset's owner, IL&FS Transportation Network (ITNL), failed to close a deal it signed a...
06 Dec, 2021, 07.41 AM IST
Federal Bank sells ITNL owned Chenani Nashri Tunnel debt to ACRE at 25% discountAn income of Rs 700 crore through annuity by the company was distributed to lenders early this year. IL&FS group companies have a total exp...
05 Dec, 2021, 10.40 PM IST
IL&FS receives Rs 693 crore as settlement claims from NHAIITNL, a subsidiary of IL&FS, on March 31st this year received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway Limited (...
04 Apr, 2021, 01.19 PM IST
IL&FS receives approval to sell Chenani Nashri Tunnel to Cube highways for Rs 3900 croreThe company will now seek approval from NCLT and NHAI to complete the sale. The proceeds of the sale will be distributed in accordance with...
03 Dec, 2020, 07.29 PM IST
Grant Thornton report: How ITNL led to fall of Infrastructure Leasing & Financial ServicesInfrastructure Leasing & Financial Services (IL&FS) defaulted on payments in September 2018, triggering a crisis in the shadow banking syst...
28 Aug, 2020, 03.17 PM IST
IL&FS road SPV lenders stare at huge haircutsLosses may be to the tune of Rs 4,500 crore as bid values are lower than loans advanced.
11 Sep, 2019, 08.07 AM IST
IL&FS receives bids of Rs 13,000 crore for 10 road assetsThe bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers in consultation with its advisors.
10 Sep, 2019, 06.03 PM IST