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IL&FS to exit Roadstar Infra Investment Trust in debt clean-upIL&FS plans to sell its remaining 15.1% stake in Roadstar InvIT, with Axis Bank scouting buyers. Roadstar, valued at ₹8,592 crore, holds si...- IL&FS Group initiates Rs 5,000 cr payouts in InvIT units and cash under interim distributionIL&FS Group has started an interim distribution of Rs 5,000 crore, including Rs 3,500 crore in InvIT units and Rs 1,500 crore in cash for d...
- IL&FS Transportation gets bourses'nod to issue units of roadstar InvITIL&FS Transportation Networks Ltd secured approval to issue units of the Roadstar Infra Investment Trust, aiming to list by December. Road ...
- IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of Rs 2,000 croreThe four road assets that have already been transferred to the Invit structure include - Moradabad Bareilly Expressway Limited (MBEL); Sika...
- McNally Bharat close to reaching rescue dealThe lenders are currently evaluating the final binding offer and expect to take a final call before end-March 2020 so that the banks can co...
- IL&FS gets 19 bids for road assetsThe process for inviting binding bids for the road assets was launched through a public advertisement inviting expressions of interest.
- IL&FS may soon begin servicing debt of 13 group entitiesIL&FS plans to reclassify the ‘amber’ entities as ‘green’. The NCLAT has given the government and the company time till July 12 to do the r...
- EMC to merge with Williamson Magor engineering subsidiariesIf approved, the merged entity will become a complete solution provider for power plants as well as power transmission units, material hand...
- McNally Bharat Engineering gets Rs 210-cr orderThe statement was released by McNally Bharat Engineering(MBEL) in a BSE filing.
- McNally Bharat aims 10% growth in 2012-13, scouts for tech partnersMcNally Bharat Engineering Co today said it is aiming a 10 per cent growth in revenue in the current fiscal and a quantum jump in the 2013-...
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