Infrastructure Leasing News Today

In what appeared to be a landmark move, India introduced class action lawsuit through Section 245 of the Companies Act of 2013; but it has remained a purely theoretical concept for 11 long years. Are things beginning to change?

In 2020, Reserve Bank of India (RBI) imposed crippling restrictions on HDFC Bank, India’s largest bank by market-capitalisation, sending shock waves throughout the banking industry.

Moneylife is an online resource for news and opinions on personal finance, banking, finance and industry sectors from India.

The Union government has asked the board of Infrastructure Leasing and Financial Services Ltd (IL&FS) to recover excess remuneration worth Rs150 crore paid to the former directors of IL&FS Financial Services Ltd (IFIN) and IL&FS Transport Network (ITNL).

The Tripura State Electricity Corporation Limited (TSECL) is to get over Rs 100 crore as outstanding payment for supplying electricity to Bangladesh, top officials said on Wednesday.TSECL Managing Director Debasish Sarkar said that over Rs 100 ...

Vineet Nayyar, Tech Mahindras former Executive Vice Chairman, has passed away at the age of 85. He was a visionary leader and visionary who served as the Vice-chairman and MD of the Infrastructure Leasing & Financial Services (IL&FS) from 2018 to 2020. He has worked for the Indian government, international multilateral agencies, and the corporate sector over four decades. Nayyar was a World Bank employee, founded the state-owned Gas Authority of India, and held directorships on the board...

IL&FS plans to sell 26% stake in NTBCL, DND flyover operator, for debt reduction. Public shareholders involved. NTBCL faces financial crunch, demands funds, awaits Supreme Court decision on toll issue.

IL&FS has decided to monetise this marquee DND flyover, which was built in 2001, as one of the first roads to provide seamless connectivity from Delhi to Noida.

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, its a long investigation process, but the RBI doesnt discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

The exhilarating upswing in small- and mid-cap shares over the past year has left experts divided on the maintainability of this bull run.