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Sunday, September 21, 2025
TopicILFS

Topic: ILFS

Modi govt seizes control of IL&FS in a surprise takeover move

Shares of the group’s listed subsidiaries climbed in Mumbai before the decision was announced.

Modi govt approaches Company Law Tribunal in an attempt to rescue IL&FS

The government may seek a management change and look to supersede the existing board, said reports.

This is how IL&FS has planned to rescue itself

Rescuing IL&FS, which has a total debt of $12.6 billion, is vital to stem the risk of default spreading to other lenders.

India needs to launch a ‘surgical strike’ on IL&FS

Shareholders will have to move in to rescue the crumbling IL&FS in their meeting on Saturday.

Indian regulators need to stop the IL&FS rot from spreading

RBI & SEBI need to urgently offer an emergency bailout to IL&FS before it does more harm to the rest of the market.

Top global investors unfazed by cloud over Indian non-banking finance sector

Investors say India’s fundamentals are strong and very strong growth is expected in the coming years.

Crisis-hit IL&FS plans Rs 300 billion asset sales to raise funds

Defaulter IL&FS plans to sell 25 assets and has received investor interest for 14 of them.

Investors are spooked as Indian stock markets swing their wildest in more than 4 years

Yes Bank's shares sank to the lowest level since 2016 while Dewan Housing Finance Corp's dropped by 43 per cent.

On Camera

Was India’s public sector born out of European envy?

For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

2 Assam Rifles personnel killed as convoy ambushed in Manipur, on ‘same route Modi took’ fortnight ago

This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border. 

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.