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2 mins read
NCLT approves Piramal Group's resolution plan for DHFL
"We are not remanding the plan back to CoC, we respect their commercial wisdom," it said. …
PTI
1 min read
RBI approves takeover of DHFL by Piramal Group
The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd …
2 mins read
Fraudulent transactions of ₹6,182 crore in DHFL unearthed
Accordingly, the Administrator of the Company received an initial report from the professional…
1 min read
Piramal wins the race to acquire DHFL — lenders approve ₹37,250 crore bid
The total offer of Piramal was ₹37,250 crore, compared to ₹38,400 crore offered by Oaktree. …
2 mins read
DHFL resolution: Oaktree cries foul, says persistent campaign to discredit its bid
Oaktree has told the Committee of Creditors (CoC) of Dewan Housing Finance Ltd (DHFL) that there ha…
1 min read
DHFL fails to repay ₹50 crore on secured non-convertible debentures – blames moratorium restrictions for non-payment
"It may please be noted that the company is currently under moratorium pursuant to Section 14 of…
2 mins read
DHFL creditors to meet on Monday for discussing resolution
Mumbai, Dec 29 () The Reserve Bank of India-appointed administrator of the crippled Dewan Housing F…
PTI
1 min read
Torrent Investments not to participate in 2nd auction for Reliance Capital; Hinduja sole bidder
Torrent Investments has reportedly informed lenders of Reliance Capital that it is unwilling to par…
2 mins read
The Yes Bank probe leads to the arrest of DHFL promoters Kapil and Dheeraj Wadhawan for alleged money laundering
It was all smooth sailing until it came to light that Punjab Maharashtra Cooperati…
3 mins read
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…