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Saturday, January 24, 2026
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

Controversial dog-walker IAS Sanjeev Khirwar is back in Delhi. What happened to his wife?

In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.

IndiGo profit plunges 78% as Dec meltdown with 3k flight cancellations takes a toll

Net income for InterGlobe Aviation Ltd slipped 78 percent to Rs 5.5 billion for the three months ended Dec 31 compared with the year-ago period.

Rafale saga: 25 yrs of detours, deadlocks & political hesitation. Now IAF getting what it always wanted

Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance. 

Pakistan se azaadi. Grow up India, stop giving it prime real estate in your psyche

Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.