Infrastructure Leasing & Financial Services

Infrastructure Leasing & Financial Services (IL&FS)
Type limited
Industry infrastructure development and finance
Founded 1987 [1]
Headquarters Mumbai, India
Key people Ravi Parthasarathy, Chairman
Hari Sankaran, Managing Director
Website ilfsindia.com

Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian infrastructure development and finance company.

Contents

History

IL&FS was originally promoted by the Central Bank of India, Housing Development Finance Corporation (HDFC) and Unit Trust of India (UTI). Currently, its institutional shareholders include State Bank of India (SBI), Life Insurance Corporation of India (LIC), ORIX and Abu Dhabi Investment Authority.

Group companies

IL&FS has 56 group companies as of 2009, including subsidiaries, joint venture companies and associate entities. Some of them are listed below-

Infrastructure Services
Financial Services
Technology Services

>>IL&FS Technologies(Now renamed as ITL) is the IT Branch of Il&FS Group.It is mainly involved in deploying resources and providing integrated solutions across diverse domains like IT Consulting, software development and facilities management services.

Official website:http://www.ilfstechnologies.com/

Projects

IL&FS has several projects in different sectors including Transportation, Area Development, e-Governance, Health Initiatives, Cluster Development, Finance, Power, Ports, Water and Waste Water, Urban Infrastructure, Environment, Education, and Tourism.

In 2009, it became the new promoter of the Maytas Infra Ltd. and in January 2011, Maytas Infra was overtaken by IL&FS and renamed to IL&FS Engineering and Construction Company Limited[2] In September 2009, it picked up a "significant minority stake" in the Reliance Industries' special economic zone project in Haryana.[3]

Awards

1. E- DhaRani project of IL & FS Technologies Limited, BBSR has bagged the e World 2011 Awards for best Electronic Delivery of Services in the year 2011 in the Public Choice category.The Award was presented at Ashok Hotel, New Delhi on 2nd August 2011 @ 6:00 P.M

See also

Video Case Study on Skills for Employment in Apparel Manufacturing(SEAM)- Employment based Program for youths by IL&FS & supported by Ministry of Rural Development (India), Government of India.(Courtsey SKOCH)

References

External links