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IL&FS to file bankruptcy for its offshore firms in UAE

A tribunal consented with the decision of the newly constituted board of the IL&FS and observed that the initiation of bankruptcy proceedings was the best option for the two firms. Debt-ridden......

ED makes first arrests in IL&FS case

Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act. The Enforcement Directorate on......

IL&FS board charges former directors of money laundering

They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups. Tasked......

India Inc's global investment shrinks in August

Overseas direct investments by Indian firms declined 49 per cent year-on-year to $1.25 billion in last month, as per RBI data. Investments abroad had amounted to $2.47 billion in August 2013. As......

CAD fuels market to record highs; Nifty ends above 6400

A sharp decline in India's current account deficit during the December quarter coupled with a sustained buying by foreign funds in the past few sessions fuelled the markets to all-time highs on......

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Fs Transportation Networks Ltd

News for Fs Transportation Networks Ltd

IL&FS to file bankruptcy for its offshore firms in UAE

ED makes first arrests in IL&FS case

IL&FS board charges former directors of money laundering

India Inc's global investment shrinks in August

CAD fuels market to record highs; Nifty ends above 6400

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