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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).......

IL&FS sells environment biz to pare Rs 1,200 cr debt

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to......

Merrill, IL&FS sold shares in nick of time

Days before B Ramalinga Raju admitted to fraud, a handful of financial services companies, including DSP Merrill Lynch, IL&FS Financial Services and Deutsche Bank's non-banking finance company,......

IL&FS board faces challenges as resolution takes a Covid-19 knock

With real estate valuations falling and other deals coming unstuck, the current management’s improved target faces significant challenges. The Covid crisis could not have come at a worse......

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Ilfs Trust Company

News for Ilfs Trust Company

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

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

IL&FS sells environment biz to pare Rs 1,200 cr debt

Merrill, IL&FS sold shares in nick of time

IL&FS board faces challenges as resolution takes a Covid-19 knock

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