IL&FS
Finance
NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea
An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging ......
Infrastructure
IL&FS PE's Euronext-listed real estate fund makes last exit with big loss
The private equity arm of Infrastructure Leasing & Financial Services Ltd (IL&FS) has exited its last investment from a Euronext-listed ......
Finance
Dewan Housing auditors raise red flags around quarterly results
India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on ......
Infrastructure
IL&FS inches closer to selling wind energy assets to Orix
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received approval from a court-appointed judge to sell its wind energy business ......
Finance
How IL&FS used favours and pressure tactics to ensure good ratings
Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies ......
Finance
Dewan Housing Finance says facing substantial stress, may not survive
One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation ......
Finance
Budget 2019: RBI to get more powers; NBFCs receive a lifeline
The government will give greater power to the central bank to regulate mortgage lenders and non-banking financial companies, as it ......
Finance
Troubled mortgage lender Dewan Housing again misses debt payments
Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) said it had only been able to make a 40 percent ......
Markets
Nearly 50 companies in IPO queue — what's stopping them from taking the plunge?
It wasn’t too long ago that privately-held Indian companies were in a rush to go public. The stock markets were ......
Finance
SEBI tightens credit rating norms after defaults, downgrades
India’s market regulator on Thursday ordered enhanced disclosure norms for credit rating agencies in an effort to increase transparency as ......