DHFL

DHFL’s Rs 6,182-crore fraudulent transactions: All about this fraud

DHFL’s Rs 6,182-crore fraudulent transactions: All about this fraud

In a report shared with the RBI-designated administrator R Subramaniakumar of Dewan Housing Finance Company Ltd. (DHFL), transaction audi...Read More

DHFL acquisition: Piramal group gets RBI nod

DHFL acquisition: Piramal group gets RBI nod

Piramal Group on Thursday said the Reserve Bank is understood to have approved acquisition of debt-ridden DHFL by the group's subsidiary ...Read More

DHFL resolution: Lenders back Piramal's bid

DHFL resolution: Lenders back Piramal's bid

Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources...Read More

Yes Bank scam: DHFL promoters approach CBI court for bail

Yes Bank scam: DHFL promoters approach CBI court for bail

Dewan Housing Finance Corporation Limited (DHFL) promoters Kapil Wadhawan and Dheeraj Wadhawan, accused by the CBI in the Yes Bank scam c...Read More

DHFL case: 63 Moons seeks Rs 30,000 cr payback to NCD, FD holders

DHFL case: 63 Moons seeks Rs 30,000 cr payback to NCD, FD holders

Currently, DHFL is undergoing insolvency resolution process under the Insolvency and Bankruptcy Code (IBC).

Piramal Group claims its bid for DHFL highest and compliant with norms

Piramal Group claims its bid for DHFL highest and compliant with norms

Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital...Read More

Oaktree says persistent campaign to discredit its resolution plan for DHFL

Oaktree says persistent campaign to discredit its resolution plan for DHFL

Oaktree said the CoC is not considering Rs 2,700 crore provided under its resolution plan. It added that Oaktree is offering a much highe...Read More

DHFL COC seeks to oust Oaktree from bidding race; rules changed again to favour Piramal

DHFL COC seeks to oust Oaktree from bidding race; rules changed again to favour Piramal

However, at the instance of some of these lenders, the rules of the game are being changed again to favour Piramal Group.

DHFL case: 63 Moons moves NCLT seeking to protect bondholders

DHFL case: 63 Moons moves NCLT seeking to protect bondholders

63 Moons Technologies, formerly Financial Technologies, on Thursday said it has moved the National Company Law Tribunal (NCLT) seeking to...Read More

DHFL lenders set to begin voting process tonight: Report

DHFL lenders set to begin voting process tonight: Report

The bidder with the highest number of votes from the CoC (committee of creditors), subject of course to crossing the minimum threshold of...Read More

Oaktree, Piramal Group raise offers for bankrupt DHFL yet again

Oaktree, Piramal Group raise offers for bankrupt DHFL yet again

While Piramal offered Rs 2,000 crore more, the US-based asset management firm Oaktree Capital said it would sweeten its offer by Rs 1,700...Read More

Kapil Wadhawan now says ready to govern DHFL as per CoC's set standards

Kapil Wadhawan now says ready to govern DHFL as per CoC's set standards

Reiterating his new proposal to repay 100 per cent of the principal debt to the creditors, Kapil Wadhawan, the erstwhile promoter of the...Read More

DHFL lenders set to meet today to evaluate bids

DHFL lenders set to meet today to evaluate bids

Oaktree , Piramal, Adani among submitted bids

Oaktree emerges highest bidder for debt-ridden DHFL

Oaktree emerges highest bidder for debt-ridden DHFL

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invi...Read More

DHFL ex-promoter Wadhawan writes to regulators, PMO; alleges 63 Moons hampering co's resolution process

DHFL ex-promoter Wadhawan writes to regulators, PMO; alleges 63 Moons hampering co's resolution process

While lenders are looking to auction DHFL assets to recover Rs 83,000 crore of unpaid loans, Jignesh Shah-founded 63 Moons Technologies h...Read More

Provisions above norm for Rs 1,454 crore exposure to IL&FS group, DHFL, RCap, Reliance Home Fin: GIC Re

Provisions above norm for Rs 1,454 crore exposure to IL&FS group, DHFL, RCap, Reliance Home Fin: GIC Re

General Insurance Corporation of India (GIC Re) said it has exposure totalling Rs 1,453.74 crore in IL&FS group, DHFL, Reliance Capit...Read More

Teji Mandi: Three things investors should know on November 30, 2020

Teji Mandi: Three things investors should know on November 30, 2020

India open for direct Free Trade Agreements: Commerce and Industry Minister Piyush Goyal says India is open for business. India wants to ...Read More

Can improve DHFL offer, forfeit deposit of those against recovery of public money: Adani

Can improve DHFL offer, forfeit deposit of those against recovery of public money: Adani

In an email written to the administrator, who is running the DHFL auction under insolvency process, the Adani Group said it has followed ...Read More

Kapil Wadhawan moves NCLT against DHFL administrator, CoC

Kapil Wadhawan moves NCLT against DHFL administrator, CoC

Kapil Wadhawan, the erstwhile promoter of the Dewan Housing Finance Corporation Ltd (DHFL) has moved the National Company Law Tribunal ag...Read More

Adani, Piramal, others revise offers for DHFL

Adani, Piramal, others revise offers for DHFL

Adani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-based SC Lowy have submitted 10-70 per cent higher price for either a st...Read More

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