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Ravi Parthasarathy

11 Jun 2021

IL&FS Chairman Ravi Parthasarathy arrested in ‘Rs 1 lakh crore scam’

EOW DSP Prakash Babu confirmed that Parthasarthy has been arrested and taken into police custody for 15 days. The EOW stated that the FIR has been registered in connection with the complaint given by 63 moons Technologies Ltd, which lost a sum of Rs 200 crore.

26 Feb 2019

Lot of headway being made in IL&FS matter, says corp affairs secy

NCLAT has said that no bank or financial institution can declare the accounts of debt-ridden IL&FS.

India's longest tunnel

18 Jan 2019

Construction work at India's longest tunnel stalled, Govt mulls fresh bidding

IL&FS was awarded the contract for building the strategic14.2 km-long Zojila tunnel to provide all-weather connectivity between Srinagar, Kargil and Leh.

Parliamentary panel

28 Nov 2018

Parliamentary panel to take stock of debt-ridden IL&FS Group

The total debt of the group was pegged at Rs 94,215.6 crore as of October 8.

27 Oct 2015

Exim Bank co-promotes project development firm in Africa

Exim Bank on Tuesday said it will set up in Africa a development firm KPDC, in partnership with others, to facilitate Indian participation in infrastructure projects across the continent.

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