The IL&FS group has initiated an interim distribution of Rs 5,000 crore to eligible creditors as part of its ongoing debt ...

The court's ruling, which focused on procedural aspects, has implications for the oversight of audit practices in India.

IL&FS Group has declared a Rs 5,000 crore payout to its creditors as part of its debt resolution efforts. The distribution ...

The IL&FS Group on Monday said the company has initiated Rs 5,000 Crore interim payout to eligible creditors as part of its ongoing resolution mandate. Post this payout, the company said that the ...

The IL&FS Group has begun a Rs 5,000 crore interim payout to creditors, advancing its resolution strategy. This effort brings the resolved debt to Rs 43,000 crore of the Rs 61,000 crore target. The ...

IL&FS, a non-banking financial company or NBFC, defaulted on its loans in 2018, prompting the Union government to replace its board of directors. This happened at the same time as the NFRA was set ...

The National Financial Reporting Authority (NFRA) is reassessing its strategy following a decision of India’s Delhi High Court that invalidated its notices to auditors involved in the IL&FS ...