In a written email to the administrator, which is running the insolvent DHFL auction, the Adani Group said that it has followed due process scrupulously and that its “intention has always been to provide an unconditional bid and the maximization of potential value for all stakeholders and at the same …
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In the request filed on November 24, Wadhawan urged the court not to allow the offers received from the four bidders: Oaktree Capital, Piramal Enterprises, Adani Group and SC Lowy, calling their offers “absurd.” Adani has made the highest bid among the four bidders with Rs. Rs 31,250 crore for …
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It has been almost a year since the troubled Dewan Housing Finance Corp. Ltd (DHFL) was sent to insolvency proceedings, the first finance company to come under the code. The creditors’ committee has held 11 meetings so far and a 12 was at the time of this writing. The latest …
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Mumbai: Lenders from the troubled Dewan Housing Finance Ltd (DHFL) are analyzing a payment strategy for the 55,000 FD holders as part of the resolution plan. According to the minutes of the meeting held last week, the committee of creditors (CoC) is analyzing different scenarios to distribute the proceeds of …
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NEW DELHI Here is a list of the top ten stocks that may appear in the news on Monday: Dependency Industries: Amazon.com Inc. has obtained interim relief in a Singaporean arbitration court, stalling its partner Future Group’s plan to sell its retail and wholesale assets to a unit of rival …
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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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NEW DELHI Here is a list of the top ten stocks that may appear in the news on Wednesday: DHFL: The Securities and Exchange Board of India (Sebi) has banned the promoters of Dewan Housing Finance Corp. Ltd (DHFL) from the stock market, accusing them of engaging in fraudulent transactions …
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Written by Khushboo Narayan | Mumbai | Updated: September 22, 2020 7:04:54 pm The Wadhawan brothers are being investigated by the Emergency Department as part of two PMLA investigations linked to gangster Iqbal Mirchi. A Dubai-based company owned by arrested Dewan Housing Finance Limited (DHFL) developers, Kapil Wadhawan and Dheeraj …
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Amitabh Gupta’s new post has drawn the most attention in the massive turmoil in Maharashtra. Mumbai: A police officer in Maharashtra who allegedly facilitated the travels of billionaire brothers Kapil and Dheeraj Wadhawan during the nationwide coronavirus shutdown has been appointed chief of police for the city of Pune. Amitabh …
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[ad_1] The farm gates in Mahabaleshwar have “Wadhawan House” written on them Mumbai On Wednesday afternoon, a security camera at a toll intersection in Maharashtra’s Satara caught five SUVs flying past, their speed not changing on a deserted road due to the coronavirus blockade. Among the 23 people riding in …
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