Tribunal rejects IL&FS` plea to allow work on Cudd

The National Green Tribunal has refused to stay its order suspending the environment clearance granted to IL&FS Tamil Nadu Power Company Ltd.

RIL in talks with IL&FS, others for stake sale in Haryana SEZ

With an aim to rope in a strategic partner for its Haryana SEZ project, corporate giant Reliance Industries is believed to be in talks with IL&FS and a couple of other players for part-sale of its stake.

IL&FS open offer for 20% stake in Matyas Infra opens tomorrow

Infrastructure firm IL&FS`s open offer for acquiring an additional 20 percent stake in crisis hit Maytas Infra will open on Wednesday.

IL&FS takes management control of Maytas Infra

Infrastructure Leasing &
Financial Services Ltd (IL&FS) today said it has appointed four of its nominees on the Board of Directors of Maytas Infra Ltd, which was promoted by the founders of Satyam.

IL&FS acquires 88.89 lk Maytas Infra`s pledged shares

IL&FS Financial Services has acquired
88.89 lakh shares of Maytas Infra and will continue to hold
the shares till the completion of its open offer for the
infrastructure firm.