MUMBAI (Reuters) - IL&FS Investment Managers, a unit of India's Infrastructure Leasing & Financial Services (IL&FS) which announced debt defaults this week, said on Saturday its Managing Director ...
IL&FS Group submitted a new status report affidavit with the insolvency appellate panel NCLAT on September 30, 2024, stating that it had paid off Rs 38,082 crore in debt to its creditors. "As on ...
The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to ...
The Economic Offences Wing of the Chennai Police said June 11 that it has arrested Ravi Parthasarathy, the former Chairman of IL&FS Group, in the Rs. 1 lakh crore scam, which triggered a liquidity ...
After Six Years Of Resilience, How FlexiLoans Emerged Profitable In The High-Risk MSME Lending Arena
Within a mere three years of its existence, FlexiLoans found itself in a lurch in the backdrop of the demise of IL&FS, India’s one of the most ghastly financial disasters After sustaining the IL&FS ...
https://www.thehindubusinessline.com/money-and-banking/ilfs-to-sell-15-residual-stake-in-roadstar-invit/article70069482.ece Copy Debt-ridden Infrastructure Leasing ...
MUMBAI/NEW DELHI (Reuters) - Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies despite its deteriorating ...
Incorporated in 2011, the NBFC has been profitable consecutively for the last nine years despite multiple industry-wide debacles, including the IL&FS crisis of 2018 So far, Kinara Capital has raised a ...
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