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IL&FS Fin Services laundered Rs 5,000 cr of shareholder funds, ED tells courtThe ED claimed the group was being run as a "personal fiefdom" by the directors, who indulged in enhancing turnover for ensuring better cre...
IL&FS crisis: ED conducts fresh raids in MumbaiThe central agency had first carried out searches in this case in February after it filed a criminal case under the Prevention of Money Lau...
IL&FS probe: ED registers money laundering case, raids underway in Mumbai, GurgaonThe ED’s case follows the predicate offence registered with Delhi Police. The Delhi EOW is also probing the cash-strapped IL&FS.
IL&FS may raise Rs 20,000 crore from road asset salesThe newly constituted board met on Saturday to discuss the plan that would be presented to the NCLT on October 31.
IL&FS advisors redrawing its list of assetsThe company has debt liabilities of Rs 91,000 crore. It has defaulted on several repayments since September, and has been downgraded to D f...
NCLAT stays proceedings against IL&FS, group companiesA two-member NCLAT bench headed by Justice S J Mukhopadhaya has asked the top five lenders of IL&FS to submit their replies over the govern...
NCLT rejects government’s plea of 3-month moratorium for IL&FSGovt had sought a 3-month moratorium against any legal proceedings by any party against IL&FS.
Lessons from metro chief E Sreedharan's life for CEOs, managers & policymakersET takes a close look at the career of soon-to-retire Delhi Metro chief and breaks down that fascinating story into learnings for everyone.
- Maloo's back with oil, core focus
Vinay Maloo is set to start his second innings with a new venture, Enso, which will focus on oil, infrastructure, surveillance and security...
- StanChart IL&FS fund to pick up 5% in ITN for Rs 132 cr
The Standard Chartered IL&FS Asia Infrastructure Growth Fund is picking up 5% stake in IL&FS Transportation Networks (ITN) for up to Rs 132...