Photo: Live Law
SC To Hear Kerala's Plea Against Thiruvananthapuram Airport Lease To Adani
The Supreme Court on March 8 will be hearing the Kerala government's plea against the Centre's Airport Authority of India leasing Thiruvananthapuram airport to Adani Enterprises. The CM Pinarayi Vijayan-led government has argued that, besides violating proprietary rights, the AAI's decision was against public interest as the Adani group has no prior experience. The Centre, however, countered that the bidding process, which was won by Adani in… read-more
Tags: Supreme Court of India, Adani Group, Kerala Government, Thiruvananthapuram Airport, Airport Authority Of India
Courtesy: Hindustan Times
Photo: The News Minute
Oaktree Outbids Piramal and Adani Group In The Fresh Bids To Buy DHFL
In a fresh bid for crisis-ridden NBFC, Dewan Housing Finance Corporation Ltd. including three others have submitted their revised offers. The Oaktree capital outbid others with an offer of Rs 32,700 crore, while Piramal offered Rs.32,350 crore to takeover the assets of DHFL. However, Adani offered Rs.29,860 crores to buy entire portfolio and a separate offer to take over its wholesale and slum rehabilitation projects. Reportedly, DHFLs… read-more
Tags: Bisuiness, DHFL, Adani Group, Parimal Group, Oaktree, Bankrupt, Bidding
Courtesy: Mint
