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RAMESH C BAWA
Rare move by govt: IL&FS, two subsidiaries ordered to recoup Rs 150 crore from ex-directors after accounts farceThis comes after IL&FS and the two arms in question had to recently reissue their account statements to show losses of Rs 9,600 crore for f...- List of players sold in IPL auctionUnsold players include Dawid Malan, Eoin Morgan, Adam Zampa, Mujeeb-ur-Rahman, Ishant Sharma, Marnus Labuschagne, Aaron Finch, Saurabh Tiwa...
- The cases that landed some of India Inc's top promoters and CEOs behind barsWhile stricter vigilance and surveillance by regulators and law enforcement agencies have helped cast light on corporate malpractices and b...
- ED likely to probe IL&FS Financial Services dealings after SFIO charge sheetNew probe likely to target six erstwhile co directors; agency questions Deloitte India CEO again.
- What ex-IL&FS top brass got for loans? Foreign trips, private jets and chopper ridesThe SFIO probe reveals several cases where the bosses got benefits from borrowers in return for faster loans.
- IL&FS case: SFIO files first chargesheetSFIO accused BSR & Co and Deloitte Haskins & Sells and others of concealing info and falsifying accounts.
- NCLT issues notices to Axis, StanC, Ramesh Bawa kinBoth banks as well as Bawa’s wife and daughter have been given 14 days time to reply to the notice.
- The tool errant India Inc managers have come to fear, for good reasonBonus clawback looks set to become one of the top trending topics in India's corporate corridors.
- IL&FS Investment Managers' non-executive director Vibhav Kapoor resigns from boardThe company did not give the reason for his resignation.
- IL&FS board likely to meet again this weekTo take stock of the current situation, the new board members held their first meeting last week, which was followed by a management as wel...
- Whodunit? Hunt on for names behind IL&FS' Rs 91,000 cr messSFIO has started questioning the top management of IL&FS and is searching the group’s offices.
- SFIO probe ordered into IL&FS and its subsidiariesThe agency will also question the ousted directors and former chief Ravi Parthasarathy.
- IL&FS Financial Services defaults on commercial papersThe interest payment on the papers were due Monday, the company informed the exchanges.
- IL&FS Financial Services MD and CEO Ramesh C Bawa quitsHit by debt, IL&FS has not been able to take up any new infrastructure projects after 2015.
- IL&FS eyes Rs 5,000 crore in first infra trust IPOIt would be a test case for the recently allowed trusts owning income-generating assets to raise capital for the infrastructure build-up in...
- Piramal Enterprises likely to scoop up IL&FS in all-stock deal to create Rs 15,000 crore entityAs per the plan, PEL will carve out its financial services business and merge it with IL&FS in an allstock deal to create a $2.5-billion (a...
- IL&FS Infra gets Rs 550-crore commitment for debt fundIL&FS Infra Asset Management Ltd (IIAML) has received commitment of Rs 550 crore for second set of close-ended schemes of its infrastructur...
- IL&FS signs MoU with Industrial and Commercial Bank of China (Asia) LtdThe MOU sets the scope of cooperation between the two financial powerhouses across the North and East Asia region for providing infrastruct...
- IL&FS subsidiary trims fund raising plans by $ 1 bnThe company was planning to mop up $ 5 billion from the markets through debt by the end of this fiscal to fund its infrastructure projects.
- IL&FS Financial Services to raise $ 5 bn to fund infrastructure projectsThe govt plans to spend about Rs 31 lakh cr in infra projs in the next 20 yrs, according to the latest report from urban development min.
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