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Why NBFCs face bigger headache than banks from coronavirus

Finance

25 March, 2020

Why NBFCs face bigger headache than banks from coronavirus

India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......

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Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

Finance

26 December, 2019

Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

General

16 July, 2019

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current exchange rate) ......

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 ......

NCLT allows govt to reopen books of IL&FS group

Finance

02 January, 2019

NCLT allows govt to reopen books of IL&FS group

The National Company Law Tribunal (NCLT) has taken the unprecedented step of allowing the government to reopen and recast the ......

IL&FS starts process to sell private equity, education units

Finance

20 December, 2018

IL&FS starts process to sell private equity, education units

Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Thursday it is seeking bids to sell its private equity and ......

IL&FS kicks off sale process for domestic road assets

Infrastructure

17 December, 2018

IL&FS kicks off sale process for domestic road assets

India's Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Monday it had begun the sale of its domestic road ......

IL&FS PE sets $1 bn target for infrastructure fund

Finance

25 July, 2017

IL&FS PE sets $1 bn target for infrastructure fund

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing and Financial Services Group, has received commitments for a ......

IndusInd Bank to acquire IL&FS Securities

General

15 March, 2017

IndusInd Bank to acquire IL&FS Securities

Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......