Over 50 firms submit EOIs for Reliance Capital; stock hits 5% upper circuitAccording to sources, Adani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among 54 firms that have expressed ...
28 Mar, 2022, 11.30 AM IST
Adani, Tata AIG, ICICI Lombard among 54 prominent bidders for Reliance CapitalAdani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among the 54 prominent firms that have expressed interest...
27 Mar, 2022, 03.26 PM IST
Adani, KKR, Piramal among 14 prominent bidders for Reliance CapitalArpWood, Varde Partners, Multiples Fund, Nippon Life, JC Flowers, Brookfield, Oaktree, Apollo Global, Blackstone, and Hero Fincorp are the ...
13 Mar, 2022, 04.20 PM IST
After acquisition of DHFL, Piramal Group sets eyes on demerger of pharma businessPiramal Enterprises (PEL) has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the troub...
29 Sep, 2021, 09.47 PM IST
NCLAT says any further action on Piramal's DHFL Resolution Plan subject to 63 moons pleaAt present, the NCLAT has not interfered at the interim stage. Refusing to stay implementation on Piramal's Resolution Plan after 63 Moons ...
23 Jul, 2021, 04.32 PM IST
DHFL: Possible merger, delisting — what next? A look at fresh developments amid rising speculationThe resolution plan for DHFL was approved by the RBI in February, and by Competition Commission of India (CCI) in April. Piramal’s offer go...
08 Jun, 2021, 11.43 AM IST
SGX Nifty up 40 points; here's what changed for market while you were sleepingAsian stock markets opened lower on Tuesday after Wall Street shares lost steam following recent rallies, but regained strength as investor...
08 Jun, 2021, 08.19 AM IST
Piramal Capital reduces share of short-term borrowingsShort term borrowings now form just about 15-20 percent of total borrowings of the financial services business under Piramal Enterprises, c...
22 Mar, 2021, 11.04 PM IST
Big opportunity for investing in India’s private credit market: Experts“There is a big vacuum in the MSME sector which is unable to raise money easily. Real estate is another sector that doesn’t have access to ...
18 Mar, 2021, 06.18 PM IST
How money moved in circles in DHFL insurance dealsThe link between TDH and DHFL’s insurance business follows a complex trail of transactions that show that DHFL had funded entities that in ...
15 Mar, 2021, 09.38 AM IST
Piramal gets RBI nod to acquire debt-hit DHFLA quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a NBFC, was officially a...
19 Feb, 2021, 06.46 AM IST
Piramal receives RBI nod for DHFL takeover, NCLT approval nextThis approval suggested that the successful bidder of the company qualified for the central bank’s “fit and proper” criteria to own the hou...
18 Feb, 2021, 01.40 PM IST
‘DHFL takeover to be structurally positive for Piramal Enterprises’DHFL’s creditors chose Piramal Capital and Housing Finance over US-based asset manager Oaktree Capital Management and the Adani Group in th...
19 Jan, 2021, 07.43 AM IST
DHFL shares jump as Piramal set to take over crisis-hit lenderThe stock, which gained 76 per cent last year after two years of sharp falls, rose 5 per cent in early trading and hit an upper price limit...
18 Jan, 2021, 01.13 PM IST
Adani ready to improve DHFL offerFour entities – Adani Group, Piramal Group, US-based asset management company Oaktree Capital Management and SC Lowy – submitted bids for D...
30 Nov, 2020, 08.47 AM IST
Can improve DHFL offer, forfeit deposit of those against recovery of public money: AdaniThe Adani Group, which had initially bid only for DHFL's wholesale and Slum Rehabilitation Authority (SRA) portfolio, in the revised offer ...
29 Nov, 2020, 12.31 PM IST
DHFL stock zooms to hit upper circuit as over two dozens entities interested in takeoverIts shares hit the upper price band on both the stock exchanges.
18 Feb, 2020, 11.16 AM IST