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PTI
October 1, 2018



PTI
October 1, 2018



BusinessToday.In
October 1, 2018
The Mumbai bench of  National Company Law Tribunal (NCLT) on Monday found favour with government's arguments to oust the current board of Infrastructure Leasing & Financial Services (IL&FS).


BusinessToday.In
October 1, 2018
The government on Monday moved the NCLT, seeking suspension of the entire board of debt-laden IL&FS and to appoint 10 new directors with Uday Kotak as non-executive chairman of IL&FS Board.


BusinessToday.In
New Delhi, October 1, 2018
IL&FS will reportedly need Rs 300-500 crore every month to meet its payment obligations, unless it sells off some assets quickly to generate cash.


BusinessToday.In
September 29, 2018
The two biggest shareholders of Infrastructure Leasing and Financial Services (IL&FS) - Life Insurance Corporation of India (LIC) and Japan's Orix Corporation - as well as State Bank of India have agreed to subscribe to the rights issue by the company.


PTI
September 28, 2018



PTI
New Delhi, September 20, 2018
Hotel Leelaventure said the total interest outstanding as on date is Rs 13.80 crore and principal redemption amount outstanding as on date is Rs 45 crore.


Mudit Kapoor
New Delhi, September 12, 2018
Jeevan Shanti plan is a non-linked, non-participating, single premium plan in which the policy holder has a choice between immediate annuity and deferred annuity.


BusinessToday.In
New Delhi, September 7, 2018
Couple of months after its launch that disrupted the telecom industry with its cheap data plans and wide availability, Jio rushed to the 11th spot.


BusinessToday.In
September 4, 2018
In June, the board of Insurance Regulatory and Development Authority of India had permitted LIC to increase its stake from 10.82 per cent to 51 per cent in IDBI Bank.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


BusinessToday.In
New Delhi, August 29, 2018
The order came in light of the writ petition filed by All-India IDBI Bank Officers' Association, asking the court to prohibit the government from reducing its stake in the bank below 51 per cent.


PTI
New Delhi, August 28, 2018
The oral assurance by the LIC was given before Justice Vibhu Bakhru as he appeared inclined to pass orders restraining LIC from making any investment in the IDBI in which the government intends to dilute its shareholding below 51 per cent.


Naveen Kumar and Renu Yadav
New Delhi, August 20, 2018
Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.


BusinessToday.In
August 14, 2018
The Life Insurance Corporation is in the process of buying 51 per cent stake in the debt-stressed IDBI Bank. The Union Cabinet gave its approval to the proposal on August 1.


Anand Adhikari
August 11, 2018
Paresh Sukthankar, the man who was seen as a natural successor to Aditya Puri, MD & CEO, abruptly resigned on Friday from the largest private bank in the country.


BusinessToday.In
August 2, 2018
RBI increases repo rate by 25 basis points to 6.5%, maintains 'neutral' stanceThe RBI's Monetary Policy Committee, during its by-monthly meeting on Wednesday, increased the repo rate by 25 basis points to 6.5 per cent from the previous rate of 6.25 per cent. This is the second hike in the interest rate after four years of continuous halt by the central bank. This time too, the MPC again maintained the neutral stance to achieve the medium-term target for inflation of 4 per cent in ...


BusinessToday.In
New Delhi, July 26, 2018
Incorporated in 1987, IL&FS was ex-Citibanker Parthasarathy's brainchild and was initially promoted by the Central Bank of India, Housing Development Finance Corporation Limited and Unit Trust of India (UTI).


Joe C. Mathew
New Delhi, July 23, 2018
The government's attempt to sell Air India has failed but its broad public asset management strategy is showing results.


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