Coal scam: CBI questions Arvind Jayaswal

The Central Bureau of Investigation on Monday questioned Arvind Jayaswal, director AMR Iron and Steel Private Limited, in connection with alleged irregularities in allocation of Bander coal block......

ED searches 2 former IL&FS auditors in connection with money-laundering case

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged......

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman.......

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its......

IL&FS to resolve debt of Rs 55,000 cr by March

IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT).......