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Thursday, October 9, 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

India’s $44 billion space dream rests on getting SATCOM right

The Satellite Communication vertical is expected to contribute approximately $14.9 billion by 2033, with $12.7 billion projected from the domestic market and $2.2 billion from exports.

60% increase in India’s carbon emissions by 2050, coal to remain top energy source: BP Energy Outlook

The country will account for 12 percent of global energy demand by 2050 from 7 percent in 2023, adds BP report.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.