Gurugram Rapid Metro in trouble. Here's why no one wants to run it
The SPVs of IL&FS which have been running the Metro served termination notices stating breach of contract.
View: How India can overcome its credit issues
Rating agency regulations must be improved, but we must also realise that "credit market frame...
HAL plans to make Ilyushin IL-114s for regional flights
Madhavan had met PJSC general-director Yury Slusar in Moscow on August 28 under the b...
IL&FS road SPV lenders stare at huge haircuts
Losses may be to the tune of Rs 4,500 crore as bid values are lower than loans advanced.
IL&FS receives bids of Rs 13,000 crore for 10 road assets
The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers in consultation with its advisors.
IL&FS to run Gurgaon Metro till Sep 17, HUDA to bear cost: HC
The Gurgaon Metro is the country's first privately-developed project which was built by the Infrastructure Leasing & Financial Services (IL&FS).
SAT sets aside Rs 3 lakh fine on Central Bank of India
The tribunal let off the lender on censure for the violations, according to an SAT order.
Lessons for India from the IL&FS fiasco
IL&FS was deemed ‘too big to fail’ by many experts but eventually succumbed to greed and ambition.
Regulator steps up pressure on Brickwork and CARE Ratings
CARE Ratings has asked its managing director and CEO Rajesh Mokashi to go on leave.
IL&FS gets nod to hand over Gurgaon rapid metro to HUDA on September 9
After taking over the operations of the metro, HUDA will have the right to decide whether to engage IL&FS in managing the rapid rail project or not, according to an IL&FS official.
PSU fund raising through bonds gained in FY19: Report
The debt market in India has seen notable growth over the years..
Gurugram's Rapid Metro may stop running from Monday due to IL&FS crisis
Built in three years at a cost of Rs 1,450 crore, Rapid Metro service was opened for public in November 2013.
IL&FS gets 19 bids for road assets
The process for inviting binding bids for the road assets was launched through a public advertisement inviting expressions of interest.
Bombay HC grants temporary relief to KPMG firm BSR against proceedings in IL&FS case
On Wednesday, a division bench of the Bombay High Court comprising Justice Ranjit More and Justice NJ Jamdar stayed proceedings in NCLT in an oral order.
I Squared Cap, NIIF among 14 bidders for IL&FS road assets
Edelweiss, Cube Highways also make offers for Rs 20,000-crore assets spread across seven states.
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