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Prudhviraj Rupavath
Only 19% of IL&FS Group’s Rs 99K Crore Debt Resolved by New Board in 2 Years
26 Oct 2020
The collapse of the IL&FS Group has had a cascading impact on the Non-Banking Financial Companies sector, Mutual Funds sector and the country’s financial markets for several months.
Prudhviraj Rupavath
IL&FS Auditors Escape Legal Scrutiny In Spite of Alleged Accounting Lapses
17 Jun 2020
Deloitte audited IL&FS Financial Services (IFIN) for 10 years from 2008 to 2018 and BSR, along with Deloitte, did a parallel audit of IFIN for 2017-18.
Paranjoy Guha Thakurta
Crisis in India’s Housing Sector
07 Sep 2019
In conversation with NewsClick, Aunindyo Chakravarty explains why flats and houses are not being sold in the backdrop of an economic slowdown.
Newsclick Report
The Curious Connection Between IL&FS and NHAI
04 Sep 2019
IL&FS group had arbitration claims worth around Rs 70 billion with the NHAI.
Newsclick Team
Kargil Protests, Ayodhya Case Hearing, Chelsea Manning Case and More
08 Aug 2019
In today’s Daily Round-up, we talk about the massive protests that are taking place in Kargil after Modi government’s decision to abrogate Article 370.
Newsclick Report
NBFC Crisis Likely to Intensify, Indicates Data
20 Jun 2019
As per RBI data, more than 11,402 firms with a combined balancesheet of Rs 22.1 lakh crore operate in India’s shadow banking sector.
Newsclick Report
IL&FS Crisis Triggers Turbulence in Auditing Industry
12 Jun 2019
If NCLT agrees to the government plea to ban IFIN auditors, nearly 342 listed companies will need to find new auditors.
Newsclick Report
IL&FS Board Likely To File Contempt Case Against 9 Banks For Unauthorised Withdrawals
10 Jun 2019
In January, credit rating agencies have downgraded several SPVs of IL&FS for changing their stance on debt repayment.
Pranjal
RBI Eases Norms for NPAs: Who Will It Benefit?
08 Jun 2019
Reserve Bank of India (RBI) has issued a revised circular for the defaulting companies.
Newsclick Report
Banks Can Now Declare Defaulting IL&FS Accounts as NPAs: NCLAT Order
04 Jun 2019
Of the 348 entities of IL&FS group, only 22 entities could meet debt obligations.