Piramal completes acquisition of DHFL for Rs 34,250 crore, biggest resolution in value termsLenders led by State Bank of India (SBI) are set to log recoveries of ?37,400 crore this week, as Piramal Capital and Housing Finance's (PC...
30 Sep, 2021, 02.16 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 resolution: NCLAT issues notices to lenders, Piramal on 63 Moons Tech's pleaThe appellate tribunal has directed all parties to file their replies before July 19, which is the next date of hearing.
06 Jul, 2021, 11.08 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
DHFL shares may get delisted after acquisition by PiramalShares of DHFL closed nearly 10 per cent higher at Rs 20.80 on the BSE on Monday.
07 Jun, 2021, 07.02 PM IST
DHFL stock hits upper circuit on filing application with NCLT for submission of resolution planOn Thursday, the company said, it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the...
26 Feb, 2021, 02.59 PM IST
DHFL resolution: Company receives no objection from RBI, files application with NCLTIn November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NC...
25 Feb, 2021, 11.26 PM IST
DHFL auction: Sebi wants to know how Oaktree made credit rating claims of future debt instrumentThe US-based Oaktree Capital in its bid claimed that post resolution, DHFL's NCDs would be assigned an AAA rating if their resolution plan ...
08 Jan, 2021, 07.04 PM IST
Oaktree plans to take legal action against DHFL creditors’ groupOaktree’s next move has not been officially disclosed to the creditors, but sources said it has verbally communicated to some of the legal ...
18 Dec, 2020, 06.30 AM IST
Kapil Wadhawan writes to regulators, PMO; alleges 63 Moons hampering co's resolution processWhile the spokesperson did not state what its outstanding due from DHFL is, Wadhawan, in the letter, stated that 63 Moons had invested Rs 2...
08 Dec, 2020, 05.27 PM IST
Claims worth Rs 4,800 cr admitted from fixed deposit holders of debt-laden DHFLNearly 55,000 public depositor holders, including retail and UP Power Corporation Employees, have demanded payments aggregating to Rs 5,200...
05 Jan, 2020, 03.31 PM IST
DHFL admin rush to retain people after exodusThe targeted number of employees is in the range of 150-350. Their professional calibre, past appraisal ratings and criticality of operatio...
23 Dec, 2019, 09.33 AM IST
Mutual funds will join DHFL resolution process: Sebi chiefAmid the crisis at DHFL, RBI on Wednesday superseded the board of the company.
21 Nov, 2019, 11.21 AM IST
Lenders may ask RBI to refer DHFL to insolvencyA referral to the NCLT, which will happen after the RBI informs the government and a notification is issued, will help ease DHFL’s troubles...
20 Nov, 2019, 07.40 AM IST
Bankers expect resolution to DHFL issue by December-endThe Inter-Creditor Agreement (ICA) is in place for the resolution of the account and banks are looking at it, the senior banker said. The r...
05 Nov, 2019, 06.44 PM IST
DHFL lenders see little benefit in Oaktree’s Rs 25,000 cr financing proposalDHFL has told lenders that instead of opting for expensive private equity money, they should finance these projects, which would fetch them...
24 Oct, 2019, 08.16 AM IST
SBI seeks FinMin's intervention for DHFL resolutionLack of coordination is causing hurdles, SBI feels. The bank is worried about systemic risk if efforts to finalise the resolution plan do n...
16 Oct, 2019, 10.43 AM IST