Uber, Ola face higher lease payouts under GST

Experts say the overall sentiment in leasing industry is very low because of the GST and on provisions for double taxations. Under the new indirect tax regime, leasing of goods is regarded as a......

IL&FS board charges former directors of money laundering

They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups. Tasked......

IL&FS and Rs 13,000-cr worth of fishy deals

A report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS......

IL&FS to raise Rs 15,000 crore, hike borrowing limit

The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets. Infrastructure......