Page 4 - Il Fs News Today

In its quarterly update on the resolution process of the conglomerate, the board said debt worth ₹43,000 crore has been resolved, and the number of subsidiaries of the company has been slashed from 347 to 186

Stocks in news: Wipro, Tata Steel, Vodafone Idea, Ashoka Buildcon and more Stocks in news: Wipro, Tata Steel, Ashoka Buildcon, Vodafone Idea, and more BusinessToday.In | April 16, 2021 | Updated 09:25 IST Stocks to watch today: Wipro, Tata Steel, Ashoka Buildcon, Vodafone Idea, IL&FS, Dabur India and more Indian equity market is likely to open flat today. On Thursday, benchmark indices managed to close higher in a highly volatile session led by gains in banking and metal stocks. After moving ...

Bajaj Finance mobilises close to Rs 3,500 amid second Covid wave The non-banking finance company with market capitalisation of Rs 2.84 lakh crore has raised the substantial sum in March alone amid the second Covid wave Anand Adhikari | April 14, 2021 | Updated 13:34 IST Bajaj Finance, the consumer finance arm of the Pune-based Bajaj Group, has mobilised close to Rs 3,500 crore from banks, mutual funds and other institutional investors by way of non-convertible debentures. The non-banking fina...

Apr 13, 2021 Uber could start delivering cannabis once federal regulation allows the company to do so, CEO Dara Khosrowshahi told CNBC on Monday. (Story) This could be HUGE!

IL&FS receives Rs 693 crore in settlement claims from NHAI NHAI and the Ministry of Road Transport and Highways (MoRTH) have settled aggregate IL&FS claims of over Rs 1,804 crore across six road projects, including KNCEL and CTNL BusinessToday.In | April 4, 2021 | Updated 15:31 IST IL&FS has received Rs 693 crore in settlement claims form the National Highways Authority of India (NHAI) for two road projects. ITNL, subsidiary of IL&FS received a settlement of Rs 673 crore for the Kiratpur Ner C...

IL&FS completes stake sale in China road asset; deal to address Rs 2,600 crore debt The transaction will help the group address Rs 2,600 crore of its overall debt of close to Rs 99,000 crore (as of October 2018). Share Via Email   |  A+A A- By PTI MUMBAI: Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC). The stake is sold to China Merchants & Pin...

Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC). The stake is sold to China Merchants & PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (PingAn), a fund jointly owned by PingAn Insurance and China Merchants, a release from IL&FS Group said. The transaction will help the group address Rs 2,600 crore of its overall debt of close t...

This is the largest transaction for IL&FS since the sale of its wind energy assets to Orix and will help the group address ₹2,600 crore of its overall debt of close to ₹99,000 crore (as of October 2018)

IL&FS addresses aggregate debt of Rs 32,000 crore SECTIONS Share Synopsis The total debt of Rs 32,000 addressed comprises of Rs 21,600 crore of debt addressed basis cash balances and nearly Rs 10,300 crore of additional net recovery expected from resolution and restructuring applications filed with the National Company Law Tribunal at Mumbai and NCLAT, the approvals for which are awaited. Reuters Mumbai: Beleaguered infrastructure financier IL&FS on Friday said that the government constituted b...

IL&FS addresses Rs 32,000 crore debt The board, led by veteran banker Uday Kotak, retained its target of addressing a debt of over Rs 56,000 crore by 2021-22, of an overall debt of over Rs 99,000 crore (as of October 2018). PTI January 22, 2021 / 03:14 PM IST Debt-laden Infrastructure Leasing and Financial Services groups (IL&FS) board on Friday said it has addressed Rs 32,000 crore of the groups overall debt so far. The board, led by veteran ban...