By FPJ Web Desk
In a report shared with the RBI-designated administrator R Subramaniakumar of Dewan Housing Finance Company Ltd. (DHFL), transaction audi...Read More
By Agencies
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
By Agencies
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
By PTI
Currently, DHFL is undergoing insolvency resolution process under the Insolvency and Bankruptcy Code (IBC).
By Raveena
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
By IANS
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
By IANS
However, at the instance of some of these lenders, the rules of the game are being changed again to favour Piramal Group.
By Agencies
63 Moons Technologies, formerly Financial Technologies, on Thursday said it has moved the National Company Law Tribunal (NCLT) seeking to...Read More
By FPJ Web Desk
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
By FPJ Web Desk
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
By Agencies
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
By FPJ Web Desk
Oaktree , Piramal, Adani among submitted bids
By Agencies
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
By PTI
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
By Agencies
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
By Teji Mandi
India open for direct Free Trade Agreements: Commerce and Industry Minister Piyush Goyal says India is open for business. India wants to ...Read More
By PTI
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
By Agencies
Kapil Wadhawan, the erstwhile promoter of the Dewan Housing Finance Corporation Ltd (DHFL) has moved the National Company Law Tribunal ag...Read More
By PTI
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