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Ilfs Transportation Networks Ltd

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  News for Ilfs Transportation Networks Ltd

  • Business

IL&FS to file bankruptcy for its offshore firms in UAE

 A tribunal consented with the decision of the newly constituted board of the IL&FS and observed that the initiation of bankruptcy proceedings was the best option for the two firms. Debt-ridden......

ED makes first arrests in IL&FS case

 Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act. The Enforcement Directorate on......

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......

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