HDFC to get 41% stake in HDFC Bank through transformational merger
FlashNews:
Air India, Akasa Join IndiGo in Raising Fares as ATF Costs Surge 25%
Tata Power Partners with Norway’s Ocean Sun to Pilot Membrane‑Based Floating Solar in India
New Relic Rolls Out Infrastructure 360 for Faster, Smarter AI Operations
Inox Green Completes ₹5.5 Billion Acquisition of Wind World’s 4.5 GW O&M Business
Air India, Singapore Airlines Deepen Partnership to Expand Travel Options, Loyalty Benefits
Alok Tiwari Takes Additional Charge as DFCCIL MD, Pushes Tech‑Driven Freight Corridor Agenda
India Launches Integrated Transport & Logistics Authority to Cut Costs and Boost Connectivity
India’s Infrastructure Future Hinges on Making Projects Investable and Tech‑Driven: Deloitte Survey
FLY91 Expands Regional Network with Ceremonial Touchdown at Navi Mumbai International Airport
Brahmaputra Set to Reclaim Global Role as Dibrugarh Sends First Cargo to Bangladesh
IndiGo Raises Fares as ATF Costs Surge
India Becomes Veolia Foundation’s Regional Emergency Response Hub for Asia-Pacific
Airtel Business Unveils IQ Gateway to Secure Enterprise Messaging at Scale
POWERGRID Veteran Akhilesh Pathak Takes Charge as Director Projects
India Rolls Out $28 Billion GOBARdhan Biogas Plan to Cut Imports, Boost Rural Economy
India’s Civil Aviation Demand is Outpacing Supply: Kinjarapu Ram Mohan Naidu
INDIA’S INFRA STORY IS SHIFTING TRACKS
India’s Green Hydrogen Mission Chief Urges Industry to Back Emerging Ecosystem
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
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.






