Search For "il fs"
NBFI funding squeeze to hit property developers hardest: Fitch
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
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L&T Finance Holdings reports profit of Rs 549 crore in Q1 FY20
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company (NBFC), has posted consolidated profit after tax of Rs 549 crore for the first quarter of 2019-20, up 2 per cent from Rs 538 crore in Q1 FY19.
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DHFL says it remains strong and solvent, resolution plan underway
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Despite the financial crisis at Dewan Housing Finance Corporation Limited (DHFL), the company said on Monday that it has withstood intense pressure and continues to remain strong and solvent.
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IL&FS Row: Court sends two former executives to ED custody till June 25
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): A special PMLA court on Thursday sent two former IL&FS executives to ED custody till June 25 for questioning in connection with an alleged money laundering case.
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NCLAT allows bankers to declare IL&FS as non-performing assets
Updated : 7 years, 3 months ago IST
New Delhi [India], May 2 (ANI): Delhi's National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the banker to declare loan and Infrastructure Leasing and Financial Services (IL&FS) as a non-performing asset that has defaulted on the payments.
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Greaves Cotton's profit falls to Rs 169 crore in FY19 on account of IL&FS
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): Engineering major Greaves Cotton said on Thursday its profit after tax dropped to Rs 169 crore in 2018-19 from Rs 203 crore in the previous year.
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Ex-IL&FS MD, CEO Ramesh Bawa arrested by SFIO
Updated : 7 years, 3 months ago IST
New Delhi [India], Apr 13 (ANI): The Serious Fraud Investigation Office (SFIO) has arrested former IL&FS Financial Services Managing Director and CEO Ramesh Bawa in connection with ongoing investigations into irregularities across various group entities, sources said on Saturday.
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CS Rajan named new MD of IL&FS
Updated : 7 years, 4 months ago IST
New Delhi [India], Apr 3 (ANI): Infrastructure Leasing & Financial Services Limited (IL&FS) on Wednesday announced the appointment of CS Rajan as the Managing Director of the firm, with immediate effect.
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SFIO arrests ex-IL&FS chairman Hari Sankaran
Updated : 7 years, 4 months ago IST
New Delhi [India], Apr 01 (ANI): The Serious Fraud Investigation Office (SFIO) has arrested former chairman of Infrastructure Leasing & Financial Services (IL&FS) Hari Sankaran in connection with the ongoing investigation into the affairs of the company and its group entities, sou
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ED raids underway at locations linked to ex-IL&FS chairman, others
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): The Enforcement Directorate (ED) is conducting raids at four to five locations of people related to the Infrastructure Leasing & Financial Services (IL&FS) on
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IL&FS scam: Mamata Banerjee urges PM Modi to initiate ‘impartial’ probe
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 18 (ANI): West Bengal Chief Minister Mamata Banerjee on Monday wrote a letter to Prime Minister Narendra Modi demanding a “high level impartial and independent probe” into the Infrastructure Leasing and Financial Services (IL&FS) scam.
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IL&FS case: NCLAT hearing on moratorium issue deferred to Dec 20
Updated : 7 years, 7 months ago IST
New Delhi [India], Dec 17 (ANI): The National Company Law Appellate Tribunal (NCLAT) on Monday deferred its hearing to December 20 pertaining to Infrastructure Leasing and Financial Services (IL&FS) case.
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