A year after it became the first finance company to undergo insolvency proceedings, Dewan Housing Finance Corp. Ltd. (DHFL) is finally moving slowly toward closure with Piramal Enterprises being voted the winner by the creditors’ committee. Certainly, the resolution is not set in stone since the losing bidders have the …
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Establishing an entirely new HFC may be cheaper for bidders than choosing one involved in fraud investigations. Topics DHFL | Markets Market news As the race for the beleaguered housing financier, Dewan Housing Finance Corporation (DHFL) draws to a final turn, it will soon be out if Adani Capital, OakTree …
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The Directorate of Enforcement (ED) has provisionally attached a residential flat in London worth 127 million rupees (13.5 million pounds) belonging to Rana Kapoor, former president and managing director of Yes Bank, who has been booked for alleged money laundering by the agency, officials said. on Friday. The property was …
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