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Is IL&FS too big to fail? What happened? And what's the fallout? CW delves deeper.

It has been nothing less than a storm for Mumbai-based Infrastructure Leasing & Financial Services (IL&FS) Group. The company has built a debt pile of Rs 910 billion.

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Fast-Tracking Metro

Perceived to be a constructive and good step forward, the Union Cabinet recently approved the Metro Rail Policy 2017 to enable realisation of growing metro rail aspirations of a large number of cities but in a responsible manner.

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'We have been actively involved in nation-building programmes,' says MD, IL&FS Transportation Networks

Over the years, this powerhouse has emerged as a leading surface transportation infrastructure company and is widely recognised as the pioneer of public partnership in India's surface transportation sector.

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India’s largest sea bridge – Mumbai Trans Harbour Link project – now at final bidding stage

Thirty-one companies, including engineering major Larsen & Toubro (L&T) and China Railway Construction Bridge Engineering Bureau Group, have qualified for the final stage of bidding – or the request for proposal (RFP) stage – for the Rs 17,750-crore Mumbai Trans Harbour Link (MTHL) project.

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New Direction

The infrastructure sector is the backbone of the Indian economy and its importance cannot be stressed enough. The government of India has earmarked 20 per cent of the investment of $1 trillion reserved for infrastructure in the Twelfth Five-Year Plan (2012-17) to develop the country's roads; this is..

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Laying the Foundation

India has the second largest road network in the world, spanning a total of 4.87 million km. Roads in India transport over 60 per cent of all goods and 85 per cent of total passenger traffic.

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Project-Driver

Mukund G Sapre, Executive Director, IL&FS Transportation Networks Ltd (ITNL), is all set to take the company to the next level.

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Toasting the fighters

We are not out of the woods yet. Eight core sectors - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - slowed to 1.1 per cent in July after a growth of 3 per cent in June, mainly on account of low expansion in coal output and contraction in steel, crude oi..

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