Friday, September 04
Debt-laden Infrastructure Leasing & Financial Services (IL&FS) has repaid ₹48,463 crore to its lenders as of September 2025, taking the group close to 80% of its ₹61,000-crore debt resolution target. The update was disclosed in a status report filed before the National Company Law Appellate Tribunal (NCLAT), reported PTI.The latest figure marks a 7.02% increase from the ₹45,281 crore repaid as of March 2025.“As on September 30, 2025, the total debt discharged to creditors of the Respondent No 1 Group (IL&FS) aggregates to Rs 48,463 crore,” the affidavit submitted by the company stated.IL&FS, which has been working through one of India’s most complex corporate resolutions since its 2018 collapse, had set a target of resolving ₹61,000 crore out of its overall de
US President Donald Trump on Tuesday said a Ukraine-Russia deal is "very close," but European leaders were skeptical and Russian missiles continued to rain down on Kyiv.Trump, visibly frustrated at his failure to make good on last year's election boast that he could quickly end the war, said "we're getting very close to a deal."An initial US plan which was heavily weighted in Russia's favor has been replaced by one taking in more of Ukraine's interests. And an official familiar with the new version told AFP that it was "significantly better."However, US officials acknowledged that "delicate" issues remain.And French President Emmanuel Macron threw cold water on the idea of a rapid solution, stating that there is "clearly no Russian willingness" for a ceasefire or to discuss the new, more U
