IL&FS
Moneylife Digital Team 11 May 2023
The Enforcement Directorate (ED) conducted raids at the premises of KPMG arm BSR & Associates and Deloitte Haskins & Sells LLP in connection with a money-laundering probe into the alleged financial irregularities at Infrastructure Leasing & Financial Services Ltd (IL&FS). According to reports, the raids are conducted under the prevention of money laundering act (PMLA).

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Moneylife Digital Team 31 March 2023
Infrastructure Leasing & Financial Services Ltd (IL&FS) group company IL&FS Financial Services Ltd (IFIN) has paid Rs13.62 lakh to settle a case of 'fit & proper' declaration with the Securities and Exchange Board of India (SEBI).

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The good news is that Infrastructure Leasing & Financial Services (IL&FS), under the government-appointed board of directors has managed to secure a lot of assets, and, over a four-year period, made payouts through two entities.

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Moneylife Digital Team 09 February 2023
After finding that the lender and the ultimate borrower are entities belonging to the Infrastructure Leasing & Financial Services Ltd (IL&FS)

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IANS 06 February 2023
The IL&FS Group has initiated its largest Interim Distribution pay-out till date in IL&FS Financial Services Limited (IFIN), an IL&FS Group company.

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Moneylife Digital Team 09 January 2023
Infrastructure Leasing & Financial Services Limited (IL&FS), under the new management, has completed the interim distribution of Rs1,273 crore for Rapid MetroRail Gurgaon South Limited (RMGSL), an IL&FS Group company.

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IANS 21 December 2022
Hazaribagh Ranchi Expressway Limited (HREL) and Thiruvananthapuram Road Development Company Limited (TRDCL) both transferred to Roadstar Infra Investment Trust ('InvIT') at Enterprise value of Rs 979 crore.

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IANS 13 December 2022
In its latest filing with NCLAT, the new IL&FS Board has said the Group has addressed approximately Rs 56,943 crore debt in its ongoing resolution efforts till September 30, up from Rs 55,000 crore debt updated in March this year

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IANS 14 November 2022
IL&FS has commenced Interim Distribution pay-out with Rapid Metro Gurgaon Rail Ltd (RMGL), an IL&FS Group company.

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Moneylife Digital Team 27 September 2022
The ministry of corporate affairs (MCA) appointed Nand Kishore as managing director (MD) of crisis-hit Infrastructure Leasing and Finance Ltd (IL&FS),

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Moneylife Digital Team 01 August 2022
The Supreme Court has asked HDFC Bank Ltd and Housing Development Finance Corporation Ltd (HDFC) to submit details of funds withdrawn from the escrow account of Infrastructure Leasing and Financial Services Ltd (IL&FS).

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The beleaguered IL&FS group on Thursday said it has completed to sale transactions that netted a total of about Rs.77.5 crore.

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Moneylife Digital Team 24 June 2022
Audit regulator the National Financial Reporting Authority (NFRA) has found several deficiencies in the statutory audit conducted by SRBC & Co LLP,

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The National Company Law Appellate Tribunal (NCLAT) has directed the new board of Infrastructure Leasing & Financial Services (IL&FS) to make interim payout to creditors after prior approval of the new board, the tribunal said in an order.

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Moneylife Digital Team 27 April 2022
Ravi Parthasarathy, the man who built Infrastructure Leasing & Financial Services (IL&FS) into a gigantic hydra-headed conglomerate passed away today after suffering from cancer for several years.

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Moneylife Digital Team 22 April 2022
The Bombay High Court has dismissed a plea filed by Hari Sankaran, former vice chairman, Infrastructure Leasing and Finance Ltd (IL&FS) against his claimed illegal detention without taking any cognisance of the charge-sheet submitted by the Serious Fraud Investigation Office (SFIO).

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Moneylife Digital Team 29 March 2022
The term of Uday Kotak, who was appointed as chairman of crisis-hit Infrastructure Leasing and Finance Ltd (IL&FS) is ending this week and the Union government has appointed CS Rajan, who is managing director (MD), as the new chairman for six months.

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A massive sum of Rs182 crore has been paid out in legal, consulting and audit fees to the team working on the resolution of the giant Infrastructure Leasing & Financial Services (IL&FS).

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The saga of a Siddhapurush / Himalayan yogi guiding decisions of the managing director (MD) of the National Stock Exchange (NSE) drowned out new findings in another equally huge scam whose investigation is dragging exactly like the co-location (Colo) scam.

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The Romans had, among other religious aspects, fixed 15th March, popularly the ides of March,

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