Dewan Housing Finance Corporation (DHFL) on Monday said its transaction auditor, Grant Thornton, has reported another fraudulent transaction of Rs 6,182 crore in the company.
Transaction auditor Grant Thornton, in a report shared with the Administrator of DHFL, has found certain transactions which are undervalued, fraudulent and preferential in nature, putting the...
The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group.
Dewan Housing Finance Corporation (DHFL) on Saturday posted a consolidated net loss of Rs 13,095.38 crore in the third quarter ended December 2020 against a net profit of Rs 934.31 crore in the year...
Creditors of Dewan Housing Finance Corp have voted in favour of a $5.09 billion takeover bid submitted by the Piramal Group for the troubled “shadow” lender, a source said.
Piramal Group has won the bid to take over Dewan Housing Finance Corporation Ltd (DHFL), sources said.
A Mumbai metropolitan court on Friday refused to grant bail to DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in connection with the Yes Bank fraud case being probed by the CBI.
Earlier this week, Oaktree also claimed that its revised bid for DHFL is unconditional and comes with a commitment of fresh capital infusion of Rs 1,000 crore for the revival of the company.
63 Moons Technologies, which has an exposure of Rs 200 crore to DHFL debt, on Friday asked other NCD and FD holders to separately seek recovery worth Rs 30,000 crore from the resolution process....
Oaktree has told the Committee of Creditors (CoC) of Dewan Housing Finance Ltd (DHFL) that there has been a persistent campaign to discredit and misrepresent its resolution plan .