SFIO was replying to a plea filed with Bombay High Court by former incarcerated vice-chairman of IL&FS, Hari Shankaran, who contested his d...

"The attached assets are in the form of 8.86 per cent shares of ILFS Tamil Nadu Power Company Limited (ITPCL) presently worth around Rs 452...

Infrastructure Leasing & Financial Services (IL&FS) defaulted on payments in September 2018, triggering a crisis in the shadow banking syst...

Setting aside a lower court order, the Bombay High Court Tuesday quashed the temporary bail of eight weeks granted to former IL&FS vice cha...

The lower court allowed a 75-day temporary bail to the duo accused in the alleged irregularities caused at IL&FS and its subsidiaries, acce...

A Mumbai sessions court granted interim bail to former IL&FS vice chairman Hari Sankaran and former MD of IL&FS Financial Services Ramesh B...

Those whose properties stand attached are Ravi Parthasarathy, Ramesh Bawa, Hari Sankaram, Arun Saha and Ramchand Karunakaran.

The role of five CRAs- CARE, Icra, India Ratings, Brickwork and CRISIL have been under review.

ED claims despite IFIN profits declining, sitting fee of accused Saha and Ramchand increased.

The ED had registered a case under the Prevention of Money Laundering Act (PMLA) against 19 entities.

SFIO seeks move against accused directors to keep them ‘from escaping the country’ while probe is on.

HDFC holds about 9 per cent in IL&FS, the parent company heading a group comprising 90-odd entities.

"I think the budget expectation next year is about Rs 80,000 crore and 15,000 kilometres will be spread over two-and-a-half years."

"It is a great move that the Budget has come up with. As far as developers like us are concerned, the Budget has addressed a few key issues...

It will take about a year for tottering Maytas Infra to become financially stable, its new owner said, after which global financial firms w...