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GURGAON METRO RESOLUTION
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- One Group receives NCLT nod to revive Sushant Aquapolis project in GhaziabadOne Group Developers will invest Rs 700 crore to revive the Sushant Aquapolis project in Ghaziabad, following NCLT approval of their resolu...
- Resolved debt of Rs 35,650 cr, IL&FS saysIL&FS Group, which went bankrupt five years ago, has resolved Rs 35,650 crore of its debt through asset monetization and settlements with b...
- IL&FS pays Rs 2,150 cr to creditors of Tamil Nadu power armIL&FS Group has repaid ₹2,150 crore to senior secured lenders of IL&FS Tamil Nadu Power Company (ITPCL). This repayment is part of a debt r...
- One Group Developers emerge as successful bidder for a group housing plot in GurgaonWith land acquisition becoming difficult due to increase in cost and litigation, developers and foreign funds have chosen to invest heavily...
- 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...
- IL&FS to distribute Rs 3,200 crore to IFIN creditorsAs part of the interim distribution, IL&FS Group will be paying a total of Rs 3,200 crore to IFIN eligible creditors, that is being distrib...
- IL&FS pays Canara Bank, others Rs 1,300 croreLenders led by Canara Bank have received close to ₹1,300 crore as part of their dues from Infrastructure Leasing & Financial Services (IL&F...
- Recast of ITNL accounts delayed: IL&FS to NCLATIL&FS had defaulted on payments in 2018. The financial crisis at the non-bank finance group came to light in July that year, when its roads...
- NCLAT directs distribution of Rs 16,361 cr to IL&FS creditors on pro-rata basisThe companies are -IL&FS Transportation Networks, Rapid Metro Rail Gurgaon South, Rapid Metro Rail Gurgaon and IL&FS Wind Energy. According...
- IL&FS gets Rs 1,925 crore from Haryana govt in Gurgaon Metro Project caseThe two-phased Gurgaon Metro Project was developed through IL&FS subsidiaries and special purpose vehicles (SPVs) - Rapid Metro Rail Gurgao...
- IL&FS sells its environment business, reduces Rs 1200 crore debtIL&FS, held 97.54 percent stake in the environment business the balance was held by IL&FS Employee Welfare Trust. This sale will reduce ove...
- IL&FS sells Chinese road assets, cuts Rs 2.6k cr debtThis is the largest transaction for IL&FS since the sale of its wind energy assets to Orix.
- IL&FS gets nod to hand over Gurgaon rapid metro to HUDA on September 9After taking over the operations of the metro, HUDA will have the right to decide whether to engage IL&FS in managing the rapid rail projec...
- IndiGo to investors: Related-party deals small, and at arm's lengthIssues weren't as serious as co-promoter Gangwal made them out to be, InterGlobe management said.
- Coming soon: Commodity hubs around townEfforts are also being made to set up infrastructure to create a direct link between farmers and consumers.
- Did an RSS outfit's choice pass off as people's wish?Among the various organisations the Haryana government says petitioned it for changing Gurgaon's name to Gurugram is Sanskar Bharti.
- Connecting people: Firms find ways to ease commuteCompanies are taking the tech route to lessen the stress for employees.
- Will exploit Delhi's locational advantage: Haryana CM Manohar Lal KhattarHaryana CM Manohar Lal Khattar today said the state was working to tap the weekend tourists of Delhi, whose famous markets are now overcrow...
- Aurobindo Marg: Gaps filled, traffic back on Aurobindo MargA day after a portion of Aurobindo Marg caved in yet again, movement of traffic in both directions was restored.
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