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Troubled IL&FS invites bids for control of road repair unit in Vietnam

Infrastructure

19 March, 2021

Troubled IL&FS invites bids for control of road repair unit in Vietnam

Debt laden Infrastructure Leasing and Financial Services (IL&FS) Ltd has invited bids for Singaporean unit’s controlling stake in a Vietnamese ......

IL&FS Solar Power clears all debt

Finance

07 January, 2021

IL&FS Solar Power clears all debt

Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) Group’s solar power firm said it has paid its entire debt worth almost ......

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both sides ......

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

General

21 August, 2020

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance ......

IL&FS sells entire stake in wind energy business to Orix

Infrastructure

16 April, 2020

IL&FS sells entire stake in wind energy business to Orix

Infrastructure Leasing & Financial Services (IL&FS) said it has completed the sale of its wind energy business to its Japanese ......

Grapevine: ReNew execs join Temasek-EQT's energy JV; Adani seeks time for airport deal

General

06 November, 2019

Grapevine: ReNew execs join Temasek-EQT's energy JV; Adani seeks time for airport deal

Singapore’s Temasek is teaming up with Swedish private equity group EQT to launch a platform for India, O2 Power, that ......

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

Finance

13 June, 2019

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating ......

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 ......

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 ......