Page 2 - Infrastructure Leasing News Today

Beleaguered non-banking finance company IL&FS is selling commercial properties in GIFT TWO, Gujarat’s GIFT City, as part of its debt resolution process. The properties include offices leased to Tata Consultancy Services.

Beleaguered non-banking finance company IL&FS is selling commercial properties in GIFT TWO, Gujarats GIFT City, as part of its debt resolution process. The properties include offices leased to Tata Consultancy Services. IL&FS is reaching out to prospective investors to manage its debt obligations.

Finance minister (FM) Nirmala Sitharaman is set to meet fin-tech leaders on 26th February to ‘reassure’ them and address complaints regarding stringent supervision by the Reserve Bank of India (RBI). It will be disappointing if the FM succumbs to pressure in an election year.

KKR affiliate entity set to acquire IL&FS’ stake in Bangalore Elevated Tollway : Rashtra News #KKR #affiliate #entity #set #acquire #ILFS #stake #Bangalore #Elevated #Tollway Global investment firm KKR, through an affiliate entity, is set to acquire crisis-hit non-banking finance company Infrastructure Leasing & Financial Services’ (IL&FS) stake in Bangalore Elevated Tollway Private Ltd. (BETPL). […]

Finance minister Nirmala Sitharaman’s ‘White Paper on the Indian Economy’ has presented a detailed analysis of the ‘policy paralysis’ and governance issues of the 2004-2014 period.

The managing director (MD) of New Tirupur Area Development Corporation Ltd (NTADCL) is understood to have filed a complaint with the registrar of companies (RoC) at Coimbatore, seeking a directive to prevent nominee directors of Infrastructure Leasing & Financial Services (IL&FS) – its parent company – from voting on resolutions of NTADCL, where they have a conflict of interest.

Directors and investors appear to be of the view that the so-called key man risk is not having Musk in charge

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.

Last week, Sony Pictures Networks India (now called Culver Max Entertainment) ended its merger proposal with Zee Entertainment Enterprises Ltd (Zee) which was signed on 22 December 2021. The market had already got wind of it and so the stock started weakening from around Rs278 on Monday, 8th January.

Evergrande: The crucial difference between China and Indias real estate markets is that Indias property market has shown stable demand from homebuyers