IL&FS lays out road map to address over Rs 57,000 cr of debt
Of this, the group estimates to address close to Rs 50,500 crore of its debt by March 2021 and an additional debt of Rs 6,600 crore beyond FY21. However, it did not give any timeline for addressing the additional debt of Rs 6,600 crore.
Jul 20, 2020, 17:08 PM IST
IL&FS board appoints 3 advisors to develop resolution plan
The board after it's first meeting had said it is required to give a roadmap for the company to NCLT by October 31.
Oct 22, 2018, 18:15 PM IST
SFIO starts probe into IL&FS crisis
In a rare move, the government has superseded the board of IL&FS on Monday against the backdrop of debt defaults by some of its group entities that triggered fears of liquidity crunch.
Oct 03, 2018, 17:48 PM IST
Government's rescue of debt-ridden IL&FS may spell major losses for lenders
But IL&FS had compromised on corporate governance and risk management norms, the government told the company law tribunal on Monday as it explained why it intended to take over the firm.
Oct 03, 2018, 15:47 PM IST
IL&FS wins shareholder approval for restructuring plan
The shareholder approval gives the privately-held Indian infrastructure financing and construction firm a lifeline and time to sell some of its infrastructure assets and restructure its 910 billion rupee ($12.55 billion) debt pile.
Oct 01, 2018, 11:13 AM IST
India's longest road tunnel set to open in J&K: 10 facts will make you feel proud
Prime Minister Narendra Modi will dedicate to the nation the India's longest road tunnel on April 2. It is built on the Jammu-Srinagar National Highway.
Mar 28, 2017, 17:43 PM IST
