The total dues of DHFL stand at around Rs 90,000 crore.
“We would also like to categorically state that CARE Ratings Limited has not issued any Rating or any kind of […]
The Piramal bid for DHFL offers the lenders the highest upfront cash recovery Piramal Enterprises on Friday claimed that its […]
Since the conclusion of the fifth round of the bidding last month, Oaktree and Piramal Enterprises are claiming that their bid is highest and implementable.
Reiterating that Oaktree has offered a mere Rs 1 lakh as committed equity, Piramal said that in contrast, its plan commits Rs 3,8000 crore of equity.
Piramal is also raising financing from Apollo at significantly high cost of 17 per cent, which shows the funding crunch in refinancing debt that is against...
As far as Adani is concerned, apart from having made a low bid of Rs 33,110 crore considering the massive debt of $30 billion it is...
In a letter to RBI Governor Shaktikanta Das, DHFL administrator R. Subramaniakumar and the Committee of Creditors (CoC), the erstwhile […]
He urged the CoC to consider the settlement proposal if the bids received for DHFL continue to be as "low" as the previously received bids.
In November last year, the Reserve Bank referred Dewan Housing Finance Limited (DHFL), the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for...
