AgustaWestland helicopter

Photo: Times of India

CBI Seizes Helicopter From Home Of Pune Businessman Avinash Bhosale In DHFL Loan Scam Case

Central Bureau of Investigation (CBI) intercepted an AgustaWestland helicopter stationed at a hangar on the premises of Pune-based businessman Avinash Bhosale on July 30 in the Rs 34,615 crore DHFL loan fraud case. The FIR was filed against DHFL, its former CMD, MD, current Director, and a few other unidentified individuals, including public workers. According to a CBI officer, the… read-more

Sun, 31 Jul 2022 - 03:05 PM / by Vidhi Jhunjhunwala

Tags: DHFL, Loan Fraud, CBI, AgustaWestland chopper, Avinash Bhosale

Courtesy: DNA INDIA

Ajay Parimal

Photo: Deccan Herald

DHFL Creditors Approve Resolution Plan Submitted By Piramal Capital

The resolution plan submitted by Parimal Capital and Housing Finance Limited under the Insolvency and Bankruptcy Code has been approved by the creditors of the Dewan Housing Finance Corporation Limited (DHFL). Reportedly, Parimal's bid received 94% votes, leaving behind the other bidder Oaktree Capital that could manage only 45% votes. While shares of DHFL went bullish after the announcement, the stocks of Piramal Capital witnessed a fall. … read-more

Mon, 18 Jan 2021 - 12:57 PM / by Nikita Thakur

Tags: DHFL, Ajay Parimal, business, Insolvency

Courtesy: News18

Representational image DHFL Group

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

Tue, 15 Dec 2020 - 11:25 AM / by Rashi Jain

Tags: Bisuiness, DHFL, Adani Group, Parimal Group, Oaktree, Bankrupt, Bidding

Courtesy: Mint