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ELSAMEX SA
CBI books IL&FS Transportation, Spanish subsidiary for diverting funds in Ethiopian road contractThe Central Bureau of Investigation (CBI) has registered a new FIR against IL&FS Transportation Network Ltd and its subsidiary Elsamex SA f...- IL&FS slips in Q2 recovery target, maintains overall resolution at Rs 50,000 croreThe Board of Directors, in its second quarterly update on the asset resolution status, said it has addressed Rs 1,460 crore of additional d...
- Trapped IL&FS employees return to India from EthiopiaSince mid-2018, under instructions of ITNL, several of the Indian employees employed by its Project Companies had returned to India.
- IL&FS says Spanish arm to undergo voluntary insolvency proceedingsIL&FS arm IL&FS Transportation Networks (ITNL) had acquired Elsamex SA of Spain, a road maintenance, operation and management company.
- IL&FS puts 22 road assets on blockIt also includes three other assets and businesses, which are EPC & O&M businesses of IL&FS Transportation Networks Limited and a Sports Co...
- New IL&FS Board lines up fire sale, 65% staff may be firedSale of these assets may generate Rs 8,000-10,000 crore, according to initial estimates.
- Ethiopian police take 3 IL&FS officials into custody over unpaid wages issueIL&FS Group and its various subsidiaries, including ITNL, are facing liquidity crisis and have defaulted on various debt payments.
- 2 out of 7 employees of IL&FS held hostage in Ethiopia releasedITNL had sought approval on November 16, 2018, through its authorized dealer bank, to remit funds overseas, ILFS said in a statement.
- IL&FS India employees detained in Ethiopia by unpaid local staffSeven Indian workers from IL&FS have been detained since November 25 in Ethiopia by unpaid local staff.
- Thirteen stocks in focus on Friday, 16 December 2016Karnataka Bank's rights issue of one share for every two shares at Rs 70 apiece has ended with a subscription of over 185 per cent.
- IL&FS Transportation's joint venture firm bags Ethiopian road contractInfrastructure company IL&FS Transportation Networks today said its joint venture firm has bagged Rs 1,525 crore road contract in Ethiopia.
- ILFS Transportation Q3 net up 23% at Rs 159 croreThe company had posted a net profit after taxes, minority interest and share of profit/loss of associates of Rs 129.06 crore same quarter l...
- ITNL likely to improve revenue visibility on new road projects, diversified ordersTotal gross average daily collection from toll and annuity projects is expected to grow to Rs 12.7 crore per day by FY17 from Rs 6.7 crore ...
- IL&FS Transport lowest bidder for Rs 315 crore road projects in Madhya PradeshThe projects have been undertaken by the Madhya Pradesh government under the loan secured from the Asian Development Bank.
- CARE ‘IPO Grade 4’ to IL&FS TransportationCARE has assigned ‘IPO Grade 4’ to the initial public offering of IL&FS Transportation Networks Ltd, which indicates above average fundamen...
- IL&FS arm takes over Spanish coInfrastructure Leasing and Financial Services (IL&FS) on Wednesday said its subsidiary, IL&FS Transportation Networks (ITNL), has acquired ...
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