Crisis-hit IL&FS has sought expressions of interest (EoI) for the acquisition of IL&FS Environmental & Infrastructure Services Ltd and its subsidiaries.   Calling for bidders, IL&FS in a notification on Tuesday said that it has received a binding offer to buyout IEISL which would have...
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Hearing a plea here by the former auditors of IL&FS Financial Services (IFIN) -- Deloitte Haskins and Sells LLP, and BSR and Associates -- the National Company Law Appellate Tribunal (NCLAT) on Thursday asked the Corporate Affairs Ministry to clarify whether civil proceedings, as sought by...
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IL&FS Transportation Networks Ltd (ITNL) on Thursday sought Expressions of Interest (EoI) for the acquisition of its entire stake in GRICL Rail Bridge Development Company Ltd (GRBDCL).   ITNL is the promoter shareholder of GRBDCL and holds 100 per cent of the equity shares of the...
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Debt-ridden Infrastructure Leasing & Financial Services Ltd (IL&FS) is committed to completing the resolution process at the earliest and is working towards addressing significant portion of addressable debt by July 2020, says Uday Kotak, chairman of IL&FS. He was addressing shareholders at...
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Crisis-ridden IL&FS Group on Tuesday said that it has received the approval of Justice (Retd.) D.K. Jain to sell its education business -- Schoolnet India Limited (erstwhile IL&FS Education & Technology S ervice Ltd.) -- to Career Point Publications Private Limited (CPPPL).   The...
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