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ESSEL HOUSING
Subhash Chandra's Delhi bungalow sold for Rs 1,260 croreEssel Group chairman Subhash Chandra is selling a prime bungalow in Lutyens' Delhi for ₹1,260 crore. This deal is one of the most expensive...- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing pleaThe Mumbai bench of the National Company Law Tribunal (NCLT), in applications filed by Indiabulls Housing Finance Ltd, also appointed Ravi ...
- Indiabulls Housing Finance moves NCLT against Subhash Chandra to recover loansIt has claimed that Chandra provided a guarantee for a loan to Gnex Projects that obtained a Rs 190 crore loan from Indiabulls Housing Fina...
- Sebi serves fresh show cause notice to Kotak Mutual FundThe regulator has alleged that Kotak Mutual has violated rules that require fund houses to pay back the entire money on the declared net as...
- Essel Infra defaults on repayment to Franklin TempletonFour schemes of Franklin Templeton have an exposure of ₹493.3 cr to Essel firm, as per data.
- ZEEL falls 3% after Chandra barred from selling unpledged sharesThe stock was trading at Rs 325, down about Rs 10 on BSE.
- Subhash Chandra can’t sell unpledged Zee SharesThe order restrains Chandra from selling shares of ZEE till October 16.
- Essel set to repay MFs Rs 2,600 crore this weekAbout 6 fund houses have an exposure of nearly Rs 6,300 cr with shares of Essel Group entities.
- Singapore based First Degree to buy Essel para banksThe asset manager is likely to buy 100 percent equity in Essel Finance Business Loans Ltd and Essel Finance Home Loans Ltd. The deals are l...
- HDFC MF to buy Rs 500-crore NCDs of Essel Group from its debt schemesMutual funds collectively held Rs 7,000 crore worth of Essel papers.
- Sebi sends notice to HDFC Mutual Fund, officials for extending FMPEssel debt exposure had impacted the scheme, which the fund house sought to contain by giving the option for a rollover
- Yes Bank loans to Essel companies worry rating companyBesides raising funds through sale of stock-backed debt securities to mutual funds, some of the Essel Group companies have drawn loans from...
- Sebi sends notice to HDFC, Kotak MFs, questions pact with EsselThis would be the first time Sebi has questioned the pact between fund houses and Essel.
- Zee horror show: Mutual fund investors in 6 Kotak debt plans get a scareInvestors will get maturity amount minus value of holding in Essel and balance when fund house recovers money.
- MFs ask Sebi to give more time to Essel Group's promoters to rope in strategic investorsThe Essel Group, on Sunday, sealed a formal agreement with its lenders including mutual funds and non-banking finance companies (NBFCs), to...
- Essel Mutual Fund launches a multicap fundEssel Mutual Fund has launched Essel Multi-Cap Fund.
- Essel MF eyes Rs 10K crore in assets by next MarchThe latest entrant in the mutual fund market, Essel MF currently has an asset base of nearly Rs 1,600 crore.
- Essel Finance in talks to buy BSS MicrofinanceBSS Microfinance, founded by Bengaluru born gastroenterologist Ramesh Bellamkonda, is a non-deposit taking non-banking financial company.
- Essel Finance seeks licence to enter housing finance businessEssel Finance is looking to enter the housing finance business. It has applied to the National Housing Bank (NHB) for a licence.
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