The National Company Law Tribunal has cleared the sale of Chenani Nashri Tunnelway, owned by IL&FS, to Cube Highways for ₹6,000 crore. This...

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

Ten banks, led by Bank of India, have received Rs 334 crore from accumulated toll collections of Pune Sholapur Road Development Co Ltd, pre...

The National Company Law Tribunal (NCLT) has granted permission to IL&FS Transportation Networks to sell its shares in Moradabad Bareilly E...

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

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

Of the total 347 entities, 248 have been resolved, Kotak said, adding, the group had over 100 entities overseas and of the remaining 101 en...

DBL is likely to raise about ₹4,000 crore through the proposed InvIT, where the equity value of the assets under the venture would come abo...

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

Infrastructure Investment Trusts, or InvITs, are increasingly becoming a popular asset class among rich investors, who are looking at optio...