IL&FS in a statement said Sekura had bid Rs 916 crore for the 100 per cent stake in Jorabat Shillong Expressway (JSEL). JSEL is a wholly-ow...

IL&FS confirmed that it had received lenders’ approval for sale of these projects.

The committee of creditors will vote on these H1 bids in the coming week.

An affidavit by the board said that “of the five ITNL sale SPVs, voting had commenced for four SPVs. On account of concerns raised by the C...

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

Two of the three projects are amber companies and a resolution framework is not yet accepted for amber companies by the court.

Losses may be to the tune of Rs 4,500 crore as bid values are lower than loans advanced.

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.

Edelweiss, Cube Highways also make offers for Rs 20,000-crore assets spread across seven states.

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

Net asset value of fund falls 6.7% after another markdown of investments in NCDs of IL&FS unit

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.

Ramky Infratech has on Friday announced signing a share purchase agreement with Cube Highways, formed by the International Finance Corporat...

Shares of IL&FS Transportation Networks Ltd were trading 1.06% lower at Rs 102.60 on BSE