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Thursday, August 28, 2025
TopicIL&FS Group

Topic: IL&FS Group

Private equity funds are snapping up bargains in India’s crisis-hit NBFC sector

PE funds have invested about $2 billion this year in NBFCs, which is 50% higher than the average over the last four years.

Debt-ridden IL&FS terminates contract to build India’s longest tunnel in J&K

PM Modi had laid the foundation stone for the Zojila tunnel on the Srinagar-Leh Highway in June 2018, but the project has been stalled since November.

IL&FS was sinking but some of its senior management was prospering

IL&FS Employees’ Welfare Trust enriched senior management but the rank and file mostly got hopes.

For a change, TOI and HT on the same page

Your daily news capsule.

Rahul Gandhi should take lessons from his fellow Congressman, says Arun Jaitley

It may be advisable for Rahul Gandhi to get some words of wisdom from Prof. K.V. Thomas, said Jaitley.

India is having its own mini-Lehman moment on 10th anniversary of global financial crisis

IL&FS Group is woefully short of liquidity, with about $500 million in repayments coming due & only about $27 million available.

On Camera

Op Sindoor awardees don’t fit traditional gallantry criteria. Redefine parameters for modern wars

The casualty list of the personnel killed or wounded during Op Sindoor has not been formally published. The public has been denied the opportunity to stand by and honour the families of the fallen.

All bets off as online gaming bill shakes industry & key players suspend ‘gambling’ on their platforms

The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation. 

Post-Sindoor, joint doctrine tasks Special Forces with fighting info warfare & countering propaganda

Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.