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
Tags: DHFL, Loan Fraud, CBI, AgustaWestland chopper, Avinash Bhosale
Courtesy: DNA INDIA
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
Tags: DHFL, Ajay Parimal, business, Insolvency
Courtesy: News18
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