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Sunday, February 22, 2026
TopicIL&FS Group

Topic: IL&FS Group

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

Rahul Satija -
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

Ifrah Mufti -
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

Andy Mukherjee -
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

Simrin Sirur -
Your daily news capsule.

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

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

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

On Camera

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Opinion

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

+TFP Vir Sanghvi -
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

Why legal provisions are necessary to curb the power of trade unions: MH Mody

AI is officially ruining social media. It made brainrot boring

Economy

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

Vrinda Tulsian -
On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Defence

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

Snehesh Alex Philip -
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

National Interest

No country is ever fully sovereign. Cold War era taught India its real meaning

Shekhar Gupta -
India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.

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