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Saturday, October 11, 2025
TopicILFS

Topic: ILFS

Now NBFCs are dreading bankruptcies in the real estate sector

Blinded by falling funding costs, NBFCs raised their exposure to property firms by 46% over 3 years even as banks have been extremely cautious.

Subhash Chandra’s Zee drama was scripted in the shadows of the messy IL&FS bankruptcy

It’s clear now that the real reason for the Zee crisis is the debt load & the collapse of IL&FS found a mention in Subhash Chandra’s mea culpa.

Zee’s Subhash Chandra races to end mess that erased $1.6 billion of his group’s value

Zee is seeking to assure investors that the share plunge won’t hit Subhash Chandra’s plans to sell half of his stake & reduce debt.

India’s Lehman has put genie of mistrust out of the bottle again

The collapse of IL&FS has put a question mark on India’s model of infrastructure financing.

India seeks to reopen IL&FS books citing auditor mismanagement

The Modi govt sent a petition to the National Company Law Tribunal indicating that they found auditing lapses in IL&FS's books.

China’s shadow banking may be a lot bigger than India’s, but India’s is too big to fail

The Indian government can’t afford to see the industry stumble.

Tumultuous year raises India Inc.’s dependence on foreign banks

Borrowers find offshore loans easier to raise funds, even though pricing is largely on an upward trend.

Rattled nerves at India Inc. lead to boom in overnight funds

Assets with overnight funds soared to 123 billion rupees last month, from 39 billion rupees in September.

Indian employees of IL&FS detained in Ethiopia by unpaid local staff

Seven Indian workers from IL&FS have been detained since 25 Nov at three sites in Ethiopia’s Oromia and Amhara states by unpaid local staff.

Crisis in IL&FS threatens to derail India’s longest tunnel project in Jammu & Kashmir

Work has come to standstill on the Zojila tunnel due to IL&FS’s troubles, which has also hit the Z-Morh tunnel in the region.

On Camera

If fundamental right to property can be taken away, so can all the others: AG Mulgaokar

If this step even partially achieves its desired results, there will be so much dislocation in the country’s economic structure as to prove a national calamity, advocate AG Mulgaokar wrote in 1969.

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

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.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.