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Il Fs

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ED summons Maha NCP chief in IL&FS money laundering case

The Enforcement Directorate (ED) has summoned Maharashtra Nationalist Congress Party president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial......

IL& FS case: ED grills NCP's Jayant Patil for over 9 hrs; Oppn cries vendetta

Maharashtra Nationalist Congress Party president Jayant Patil was on Monday questioned for more than nine hours by the Enforcement Directorate here in a money laundering case linked to alleged......

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

The Enforcement Directorate and Income Tax department are likely to join the Assam police in investigating alleged organised financial crimes and acquisition of benami properties by event manager......

Modi inaugurates Z-Morh tunnel in J-K

Prime Minister Narendra Modi on Monday inaugurated the strategically important Z-Morh tunnel in the Sonamarg area of Jammu and Kashmir which will make the tourist resort accessible round the year.......

ED issues fresh summons to Maha NCP chief Jayant Patil

The Enforcement Directorate has issued fresh summons to Maharashtra Nationalist Congress Party president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial......

Banks can now declare ex-IL&FS directors 'wilful defaulters'

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......

IL&FS dispenses Rs 45,281 cr debt to lenders

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed......

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency......

IL&FS board readies turnaround plan

JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward Illustration: Uttam Ghosh/Rediff.com The new board of Infrastructure Leasing & Financial Services......

What next for IL&FS?

The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.......

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