IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferr...

The proposed greenfield Kolkata-Ranchi-Varanasi highway (4/6 lane) will pass through Uttar Pradesh ,Bihar Jharkhand and West Bengal and off...

The four road assets that have already been transferred to the Invit structure include - Moradabad Bareilly Expressway Limited (MBEL); Sika...

India's Road Transport and Highways Minister Nitin Gadkari has said that the country's highway infrastructure will match that of the US by ...

With this, secured lenders of both the assets, which include Punjab National Bank, Union Bank, Indian Overseas Bank, Deutsche Bank, JP Morg...

Directorate of Enforcement (ED) on Monday said it has provisionally attached 28 immovable properties and other assets worth Rs 80.65 crore ...

According to ED, the group had been struggling financially for a number of years. After winning the Ranchi-Jamshedpur Project tender, the M...

Email queries sent to Cube Highways and Autostrade remained unanswered till as of press time. IL&FS declined to comment on the matter. The ...

The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers in consultation with its advisors.

The process for inviting binding bids for the road assets was launched through a public advertisement inviting expressions of interest.

The NCLAT also made clear that it has not stopped IL&FS and its group entities from going for resolution process.

The matter pertains to four-laning of 163-km stretch on NH-33 connecting Ranchi to Jamshedpur for which the National Highways Authority of ...

Mutual funds have holdings in three SPVs of IL&FS — Jharkhand Road Projects, Hazaribagh Ranchi Expressway Limited, and Jorabat Shillong Exp...

The value of various debt schemes of UTI Mutual Fund fell as much as 2.22% on Tuesday.

Move against cash-rich SPVs follows parent’s step to seek moratorium on loan repayments.

Schemes being put under watch include a short term debt fund and banking & PSU debt fund.

IL&FS went into administration in October after the company defaulted on payment obligations.