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Thursday, April 30, 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

India’s real estate will meet the reality of agentic AI

Andy Mukherjee -
New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Keeping CAPF in Bengal for 60 days raises constitutional questions. It’s not an occupying force

History of Indians in the Arab world—port builders, Jat governor, translators, and slaves

+TFP

Economy

Adani’s giant copper plant hits technical setbacks in first year

Julian Luk -
The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Defence

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

Debdutta Chakraborty -
By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

National Interest

Trump, Netanyahu’s Iran gamble: The regime change rebound

Shekhar Gupta -
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.

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