HDFC to get 41% stake in HDFC Bank through transformational merger
FlashNews:
Genesys International Q1 Profit Surges 32% on Strong Mapping Demand
Asia-Pacific to Drive 33% of Global Regional Jet Demand by 2045: Embraer
India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
Air India Accelerates $400 Million Fleet Retrofit Programme Across Widebody and Narrowbody Aircraft
ONGC Q1 FY2026 Net Profit Rises 18.2% to ₹115.5 Billion on Strong Gas Realisations and Offshore Gains
Centre Defends Ethanol Blending Programme Amid Mileage Concerns; Highlights $16.5 Billion Forex Savings
Suzlon Energy Reports 62% Surge in EBITDA to ₹5.99 Billion in Q1 FY2026
Inox Green Secures Long-Term O&M Deal for 182 MW Wind Projects
Adani Group Expands MRO Capabilities with Indamer Technics Acquisition
PixxelSpace-Led Consortium to Build India’s First Indigenous Commercial EO Satellite Constellation
India’s Maritime Framework Gets Legislative Boost with Coastal Shipping Bill Passage
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Tag: IL&FS
A Tidal Wave in the works!
As the stance of governance is hardening, institutions standing on weak or corroded legs, are stumbling and crumbling. After the case of corrosion of ethics in ICICI, the IL&FS too seems to have bloodied its nose by first becoming a messiah to MaytasInfra (the Satyam scam fall out) in 2009 and then several unrelated forays.
OPERATION IN(FRA)SOLVENCY
With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
Urban Growth Corridors
India is one of the fastest growing and most populated economies in the world. By 2030, the urban areas would contribute 75 per cent of India's GDP and house 590 million people, about 40 per cent of the population.
Catalysts for Success
Smart Cities support the comprehensive development of physical, institutional, social and economic urban infrastructure, improve the quality of life, protect the environment and create jobs for millions, says Deepak Premnarayen, President, Indian Merchants' Chamber (IMC), and Chairman, FirstRand Bank India.
Adani to set up IL&FS captive port in Tamil Nadu
IL&FS is planning to set up a captive port in the district of Cuddalore in Tamil Nadu. The port will be developed and run by Adani Port, say sources. Sources said Adani Group will construct and run the port. The port project cost is estimated to be around `300 crore.
Firms keen on InvIT want clarity
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after SEBI announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms.
Andhra Pradesh sets up urban infrastructure asset management firm
In order to establish an urban infrastructure financing mechanism and to attract investment for financing and management of the urban infrastructure projects in the state, the AP government, along with IL&FS, has set up AP Urban Infrastructure Asset Management Limited (APUIAML).
IL&FS keen to invest in infra in Hyderabad
IL&FS has evinced interest in investing in infra projects in Hyderabad, including housing and roads, Telangana government said.
IL&FS bags Rs.375-cr metro contract
IL&FS Engineering and Construction Company has bagged a Rs.374.64 crore project from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) for construction of viaduct corridor.