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Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

Former IL&FS chairman Hari Sankaran arrested for fraud

Finance

02 April, 2019

Former IL&FS chairman Hari Sankaran arrested for fraud

India’s Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in ......

IL&FS seeks bids to sell Tamil Nadu power plant, Indonesian coal mines

Infrastructure

01 February, 2019

IL&FS seeks bids to sell Tamil Nadu power plant, Indonesian coal mines

Infrastructure Leasing & Financial Services (IL&FS) has invited expressions of interest by 11 February for its Tamil Nadu power plant ......

Oaktree invests $194 mn to buy Dewan Housing Finance's loans

Finance

29 January, 2019

Oaktree invests $194 mn to buy Dewan Housing Finance's loans

Global alternative investment management firm Oaktree Capital Management LP has invested Rs 1,375 crore ($194 million) to buy loans from ......

Srei Infra to list equipment finance unit via de-merger scheme

Infrastructure

21 January, 2019

Srei Infra to list equipment finance unit via de-merger scheme

Srei Infrastructure Finance Ltd on Monday announced a scheme of amalgamation that will help list its equipment finance business on ......

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

General

15 January, 2019

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

Debt-laden Infrastructure Leasing & Financial Services Ltd (IL&FS) has drawn interest from as many as 15 large investment firms for ......

Over 30 suitors queue up for IL&FS road assets

Infrastructure

10 January, 2019

Over 30 suitors queue up for IL&FS road assets

India's heavily indebted Infrastructure Leasing & Financial Services (IL&FS) said on Wednesday it has received more than 30 expressions of ......

IndusInd Bank in race for IL&FS units, to complete Bharat Financial merger soon

Finance

09 January, 2019

IndusInd Bank in race for IL&FS units, to complete Bharat Financial merger soon

IndusInd Bank is still in the running to acquire two units of the debt-strapped Infrastructure Leasing and Financial Services Ltd ......

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

General

09 January, 2019

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

ReNew Power, Macquarie Infrastructure and Real Assets are among six companies looking to acquire the renewable energy business of cash-strapped ......

RBI asks banks to classify loans to IL&FS as non-performing

Finance

09 January, 2019

RBI asks banks to classify loans to IL&FS as non-performing

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans ......