An IL&FS spokesperson confirmed that lenders have approved the restructuring of its Rs 1,269 crore aggregate debt. BAEL was granted a 20-ye...

IL&FS Transportation Networks Ltd secured approval to issue units of the Roadstar Infra Investment Trust, aiming to list by December. Road ...

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

Currently, there are three contenders vying to acquire this debt, including Prudent ARC and Asset Reconstruction Company India (ARCIL) othe...

"Sekura has started diligence on these roads," one of the sources said. "Ashoka's portfolio is one of the bigger HAM portfolios available a...

Under the resolution framework, the company management had approved the transfer of four road assets (BKEL, BAEL, JIICL, and JRPICL) to the...

The lenders see value in selling the assets while ITNL wants a resolution by transferring the asset to its infrastructure investment trust ...

The prime minister dedicated, the In-Patient Department (IPD) and operation theatre services at AIIMS, Deoghar to the nation. Modi inaugura...

With this approval, six road projects -- Barwa Adda Expressway Ltd, Baleshwar Kharagpur Expressway Ltd, Sikar Bikaner Highway Ltd, East Hyd...

The group is expected to start the process of setting up a sponsor company for the InvIT under its subsidiary IL&FS Transportation Networks...

"CCEA has approved six-laning of Aurangabad - Bihar/ Jharkhand Border - Barwa Adda section on NH 2 in Bihar and Jharkhand," an official sai...

The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, it said.

IL&FS Transportation today said it has signed a pact with NHAI for Rs 1,665 crore road project in Jharkhand and West Bengal.

The estimated cost of the project is Rs 1,665 crore, it said, adding that the company had quoted a premium of Rs 42 crore for the project.

NHAI will offer Rs 914.5-crore road project in Rajasthan to Sadbhav Engineering which will fetch Rs 700 crore to the highways regulator ove...

Of the 17 projects, 12 were bagged by private firms at premium since April this year, a senior Road and Transport Ministry official told PT...

The government today approved three road projects, costing Rs 3,597 crore, for Haryana, West Bengal and Jharkhand.