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Il Fs Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IL&FS Mutual Fund pays Rs 600 cr to debt infra investors; makes timely redemption

IL&FS Mutual Fund pays Rs 600 cr to debt infra investors; makes timely redemption
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

IL&FS to monetise its stake in DND flyover connecting Delhi to Noida

IL&FS plans to sell 26% stake in NTBCL, DND flyover operator, for debt reduction. Public shareholders involved. NTBCL faces financial crunch, demands funds, awaits Supreme Court decision on toll issue.

IL&FS to monetise its stake in DND flyover connecting Delhi to Noida

IL&FS has decided to monetise this marquee DND flyover, which was built in 2001, as one of the first roads to provide seamless connectivity from Delhi to Noida.

IL&FS: NCLAT directs NHAI not to terminate concession agreement of IL&FS group entity

The National Company Law Appellate Tribunal (NCLAT) has directed the National Highways Authority of India (NHAI) not to terminate the concession agreement of Baleshwar Kharagpur Expressway Ltd, an IL&FS group entity, and take appropriate measures for its insolvency resolution. The tribunal noted that the resolution of BKEL, a SPV set up by IL&FS Transportation Networks Limited (ITNL), is in the final stages, and any termination at this stage would further complicate the process.

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