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PTI
October 23, 2018
The CCI in a tweet said it has cleared \"acquisition of 100 per cent equity shareholding in HSCC by NBCC\". NBCC last month was selected as the buyer for 100 per cent strategic disinvestment of HSCC at a bid amount of Rs 285 crore by the government.


BusinessToday.In
New Delhi, October 23, 2018
IL&FS says investment banking firms Arpwood Capital and JM Financial have been appointed as the financial and transaction advisors to guide the new board on solutions for resolution for the crisis-burdened IL&FS.


Ranjeev C Dubey
October 22, 2018
Given how much money went down in the IL&FS fubar, public outrage against everyone connected with the company was to be expected. That said, the sheer volume of venom that targeted Independent Directors seemed unfair.


PTI
October 22, 2018



PTI
October 19, 2018



PTI
October 17, 2018



PTI
October 17, 2018
ArcelorMittal said it will pay Rs 7,469 crore to the creditors of Uttam Galva and KKS Petron to be eligible to acquire the debt-laden firm, as per Supreme Court order.


BusinessToday.In
October 17, 2018
Hari Sankaran, the former vice-chairman and managing director of debt-laden IL&FS, has blamed Life Insurance Corporation of India (LIC) and the 'capital intensive' nature of infrastructure business for the problems faced by IL&FS group.


BusinessToday.In
New Delhi, October 17, 2018
Of the total amount of Rs 4,500 crore, the amount calculated for Uttam Galva is Rs 3,987 crore and Rs 567 crore for KSS Petron, however this does not include the penal interest or other charges.


PTI
New Delhi, October 16, 2018
IL&FS says theNCLAT order was a \"much-needed relief\" from creditors and wouldassist its newly-constituted board to evaluate and prepare a resolution plankeeping various stakeholders in mind.


PTI
October 15, 2018



PTI
October 15, 2018



PTI
October 15, 2018
The ministry of corporate affairs Monday welcomed the NCLAT stay on all the proceedings against debt-laden IL&FS and other group companies and said the priority is to pay salaries and complete ongoing projects, rather than repaying large debt.


PTI
October 15, 2018



Anand Adhikari
New Delhi, October 15, 2018
The government has brought in a new board to rescue crisis-ridden IL&FS. What can it do quickly to prevent further damage?


PTI
October 12, 2018
The newly appointed board of cash-strapped Infrastructure Leasing and Financial Services (IL&FS) in its second meeting Friday initiated austerity measures for personnel and operating expenses.


PTI
October 11, 2018



PTI
October 11, 2018



Prosenjit Datta
New Delhi, October 11, 2018
The cleanup of the financial system was actually initiated by the previous governor, Raghuram Rajan, when he started the Asset Quality Review (AQR) of banks in July 2015, which forced banks to stop ever greening loans and owe up to their bad loans.


PTI
October 11, 2018



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