Lavasa creditors invoke DPIL's guaranteeCreditors invoked a guarantee due to CIRP non-compliance, halting the Lavasa project. Legal battles continue as lenders lose confidence in ...
22 Apr, 2024, 12.31 AM IST
NCLAT admits SBI plea against Lavasa ResolutionThis is the second bank objection to the loan default resolution of Lavasa Corporation, billed as the first private hill town project to be...
23 Nov, 2023, 11.57 PM IST
Union Bank contests NCLT-approved plan for Lavasa Corp, seeks revocation"In spite of clear directions from this Tribunal to place the modified or fresh resolution plan before the consolidated CoC (committee of c...
05 Oct, 2023, 06.01 AM IST
NCLT approves Rs 1,814 cr resolution plan for Lavasa; Darwin Platform winning bidderDarwin Platform Infrastructure Ltd (DPIL) has emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily into the busines...
22 Jul, 2023, 04.01 PM IST
ED attaches property worth Rs 26.25 crore of DPILThe ED initiated money laundering investigation on the basis of a CBI case lodged against DPIL and others for commission of offence under s...
03 Jan, 2022, 10.07 PM IST
ED files charge sheet against Vadodara-based firm in Rs 2,600 crore fraudThe agency said in a statement that it has filed the charge sheet or the prosecution complaint against DPIL and 14 others.
27 Dec, 2018, 08.19 PM IST
CBI arrests two retired Bank of India officers for Rs 2,654 crore fraudV V Agnihotri and P K Shrivastava, retired GM and DGM respectively, had allegedly granted undue favours to the company in granting credit l...
06 Jul, 2018, 06.19 PM IST
Enforcement Directorate attaches property worth Rs 1,122 crore of Diamond PowerOn April 9, the ED had also conducted raids at the corporate office, factory premises and the residences of the directors of DPIL.
24 Apr, 2018, 01.29 PM IST
Diamond Power hits lower circuit limit post arrestsThe three promoters were picked up from a hotel in Udaipur last night, PTI reported.
18 Apr, 2018, 12.58 PM IST
Bank fraud: 3 promoters of Diamond Power held in RajasthanThe three promoters - S N Bhatnagar and his sons Amit and Sumit - were held from a hotel in Udaipur last night. The CBI had filed a complai...
18 Apr, 2018, 12.03 PM IST
Bank fraud: I-T dept conducts searches on Vadodara firmThe searches were being carried out at 17 different places in and around Vadodara city, including at the corporate office of DPIL in Vadoda...
10 Apr, 2018, 03.52 PM IST
Gujarat Dy CM seeks probe in Rs 2,654-crore bank fraud case against Vadodara firmCBI on Thursday registered a criminal case against Diamond Power Infrastructure Ltd (DPIL), a Vadodara-based firm dealing in electric cable...
07 Apr, 2018, 11.11 PM IST
CBI books Vadodara firm for Rs 2654-crore fraud; raids premisesThe CBI alleged that DPIL, which manufactures electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and S...
05 Apr, 2018, 04.26 PM IST
- DPIL plans Rs 770 cr expansion over next 3 years
Diamond Power Infrastructure plans to invest Rs 770 crore over the next three years to fuel its expansion plans, a top company official sai...
29 Jan, 2012, 05.18 PM IST
- Diamond Power Infrastructure Limited registers negative growth in net profit and sales
An integrated player in the power equipment and EPC segment Diamond Power Infrastructure Limited (DPIL), posted a net profit of Rs 29.63 cr...
05 Aug, 2011, 07.23 PM IST
- Power sector poised for double-digit growth
Power sector is poised for double-digit growth and bountiful returns for the next decade.
30 Mar, 2010, 01.12 AM IST
- China has a headstart, but India has long term potential
As part of the massive infrastructure drive, China envisaged the need for energy generation and distribution and commissioned projects to g...
30 Mar, 2010, 01.10 AM IST