IL&FS Crisis and How Government is going to resolve it?
Track all the points in IL&FS Crisis.Is IL&FS Crisis going to hit Indian economy? Check news regarding to IL&FS loans, Government's solution on it, shareholders, disinformation, liquidity pressure, and many more.
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IL&FS highway projects will completed on time: Nitin Gadkari
Economic Times [5 years ago]“No project will be stuck and we will be playing the role of a facilitator, wherever possible. The NHAI will pitch in to get the projects moving,” said Nitin Gadkari
Government will ensure IL&FS highway projects are completed on time: Nitin Gadkari
The government has already appointed a new, six-member board to get the IL&FS group out of its present crisis.
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RBI welcomes govt intervention in IL&FS crisis
Business Standard [5 years ago]The Reserve Bank on Friday welcomed the government intervention in the IL&FS crisis as a "timely move" which has "helped stabilise the situation" at the infra lender, and offered full help to the new management.
RBI welcomes govt intervention in IL&FS crisis; backs new management
Government took control of the crippled IL&FS group whose 358 subsidiaries owe more than Rs 910 billion banks and other lenders, and appointed a new six-member board under banker Uday Kotak
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India hasn't a clue how to pay for infrastructure
Business Standard [5 years ago]It’s not as if the government hasn’t tried. Soon after taking power, Prime Minister Narendra Modi’s administration doubled down on public spending on roads and Indian Railways, hoping the investment would pay for itself in a revival of private-sector activity. It hasn’t, and now the government is running out of fiscal space while bond yields are soaring.
Behind the IL&FS crisis: India hasn't a clue how to pay for infrastructure
The infrastructure projects worth building are those that pay for themselves in the long run
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How did the auditors, rating agencies remain silent spectators even as the ship was sinking
First Post [5 years ago]
IL&FS crisis: How did the auditors, rating agencies remain silent spectators even as the ship was sinking - Firstpost
It is the auditor whose role always comes into question when a scam or mismanagement unfolds like it has happened with IL&FS
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Congress spreading the disinformation in IL&FS crisis
NDTV [5 years ago]Finance Minister Arun Jaitley has accused the Congress of scaremongering by "spreading disinformation about the government's possible moves in relation to the private sector company IL&FS" that is struggling to pay its creditors.
Arun Jaitley Coins New Insult For Congress, Blames It For IL&FS Crisis
IL&FS crisis: The Congress has been spreading disinformation about the government's possible moves in relation to private company IL&FS, Arun Jaitley said
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IL&FS Crisis - मनमोहन सिंह कि पॉलिसी पैरालिसिस जिम्मेदार
aajtak.in [5 years ago]यूपीए कार्यकाल में प़ॉलिसी पैरालिसिस के चलते कई इंफ्रास्ट्रकर सेक्टर के प्रोजेक्ट्स रुक गए थे जिसके चलते IL&FS कर्ज के बोझ में दब गया.
IL&FS संकट पर मोदी सरकार का दावा, मनमोहन का पॉलिसी पैरालिसिस जिम्मेदार
IL&FS ग्रुप की मौजूदा वित्तीय हालत की जिम्मेदार पूर्व प्रधानमंत्री मनमोहन सिंह के कार्यकाल के दौरान पॉलिसी हैं. सूत्रों का कहना है कि मनमोहन सिंह के कार्यकाल में पॉलिसी पैरालिसिस के चलते कई इंफ्रास्ट्रकर सेक्टर के प्रोजेक्ट्स रुक गए थे जिसके चलते IL&FS कर
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IL&FS plans to sell Mumbai corporate headquarters
Business Today [5 years ago]Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore.
IL&FS plans to sell Mumbai corporate headquarters to raise funds to meet debt commitments
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore.
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IL&FS crisis makes India in panic mode
Economic Times [5 years ago]India's leading infrastructure finance company IL&FS defaulted on payments to lenders triggering panic in the markets.
Everything about the IL&FS crisis that has India in panic mode
IL&FS had used first mover advantage to lap up big projects. In the process, debt became its cornerstone.
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NCLT approves govt's takeover of IL&FS board
Money Control [5 years ago]NCLT has approved the takeover of IL&FS board by government nominees. A new six-member board led by veteran banker Uday Kotak will take charge of the company. The other members are former SEBI chief GN Vajpai, ICICI Bank chairman GC Chaturvedi, Tech Mahindra's Vineet Nayyar, and former bureaucrats Malini Shankar and Nand Kishore.
NCLT approves govt's takeover of IL&FS board; Uday Kotak to be chairman
The National Company Law Tribunal (NCLT) has approved the takeover of IL&FS board by government nominees.
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IL&FS Crisis - lead to cancellation of licenses of 1,500 NBFCs
Times of India [5 years ago]In the wake of the IL&FS crisis, as many as 1,500 smaller NBFCs may have their licenses cancelled because they don’t have adequate capital.
IL&FS crisis may lead to cancellation of licenses of 1,500 NBFCs - Times of India
India Business News: In the wake of the IL&FS crisis, as many as 1,500 smaller non-banking finance companies may have their licenses cancelled because they don’t have adeq
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IL&FS, DHFL shocks may be temporary triggers
First Post [5 years ago]
IL&FS, DHFL shocks may be temporary triggers, but the bad news for Indian financial markets do not end there - Firstpost
Its a mistake to assume that ongoing market turmoil is only on account of DHFL, IL&FS issue
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What happened with IL&FS?
www.fundsindia.com [5 years ago]On 8th September, rating agency ICRA downgraded debt papers of IL&FS by several notches, across maturities. Other rating agencies such as CARE have also downgraded papers of IL&FS and its group companies. What happened and what’s the fallout for debt funds?
What happened with IL&FS? What’s the debt fund impact?
Steep downgrade of IL&FS papers - from a top rating into below investment grade, the mark-to market hit on prices and fund NAV was pronounced
