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Thursday, April 25, 2024
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

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.