Govt reshuffles IL&FS board; C S Rajan named Non-Executive Chairman
Nand Kishore, who was serving as an executive director, has been made the Managing Director, according to the company
Source: livemint.com
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Top News In Il Fs Today - Breaking & Trending Today
Apollo Makes $1 Billion Bet On Indian Property With Lending Plan
India’s housing market saw a strong rebound from the depths of the coronavirus pandemic as low interest rates and discounts by developers fueled demand
Source: livemint.com
An unhelpful response to accountancy scandals
Cooked books, fudged accounts and other scams make a case for institutional reforms, but tighter state control of key institutes is unlikely to help. Open their membership up instead
Source: livemint.com
Another scam at PNB, as the bank declares over Rs 2,000 cr fraud in IL&FS Tamil Nadu Power account
Another scam at PNB, as the bank declares over Rs 2,000 cr fraud in IL&FS Tamil Nadu Power account - The bank has already made provisions amounting to Rs 824.06 crore, as per prescribed prudential norms.
Source: dnaindia.com
PNB declares Rs 2,060 cr fraud at IL&FS Tamil Nadu Power
The Punjab National Bank (PNB) has reported a borrowal fraud of Rs 2060.14 crore in the NPA account of IL&FS Tamil Nadu Power at the Extra Large Corporate Branch in Delhi zonal office.
Source: webindia123.com