IL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) t...

IL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...

It has proposed to release 55 companies from the moratorium. Some of these are under IBC process.

The Singapore-based ITNL International is a wholly- owned subsidiary of IL&FS Transportation Networks.

It is also selling petroleum storage facility IPTF Terminal located in Fujairah, United Arab Emirates.

The terminal has a storage capacity of 600,000 cubic meters and was in the process of expanding its capacity further but has now been tagge...

The proposed sale is estimated to fetch as much as $170 million and has attracted interest from as many as 10 bidders.

The debt raised by ITNL Offshore, carries an unconditional and irrevocable guarantee of $ 114 million from Exim Bank, as per a note by Fitc...

The bonds will be listed on Hong Kong Stock Exchange. IL&FS Transportation or ITNL could not be reached immediately for comments.

IL&FS Transportation Networks Limited (ITNL) said it has bagged a Rs 427-crore order in Ukraine.

The recent acquisition of Yu He Expressway in China marks a significant step for the cautious growth plans of IL&FS Transportation Networks...

The agreement demonstrates the synergies and complementarities that exist in the capabilities of the companies, Rahul Chhabra said in Chong...