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Sunday, November 9, 2025
TopicIL&FS Financial Services

Topic: IL&FS Financial Services

Finance minister Arun Jaitley meets Urjit Patel as rift widens

RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending

How Indian rating agencies missed the IL&FS mess

India’s credit rating industry has come under scrutiny after firms that assessed IL&FS failed to see the financial troubles brewing at the financier.

IL&FS seeks insolvency cover to avoid bankruptcy amid string of defaults

IL&FS has missed more than 5 debt payments since August and is trying to settle the matter with creditors outside the insolvency courts.

On Camera

Skoda Octavia RS combines performance with practicality—without breaking the bank

Ashish Gupta, Brand Director for Skoda India, said while performance cars like the Octavia RS are not too cheap, ‘car buyers who know and love their cars find them to be far better bang for the buck’.

In NCLAT’s WhatsApp ruling, reminder of India’s cautious view of competition disputes involving Big Tech

WhatsApp privacy policy case is among a string of matters involving practices like restrictive platform rules, pricing & billing policies, reflecting India’s tight scrutiny of market dominance.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.