Page 7 - Dhfl

Legal hurdles await DHFL resolution process; lenders meeting today

Lenders meeting today to press for better share in recoveries from frauds

DHFL creditors vote in favour of Piramal's $5 billion bid: Report

Creditors of India's 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

DHFL's long-drawn journey to resolution: Here's the story so far

DHFL's fall not only exposed the chinks in Indian auditing firms, but also showed the flaws in rating companies, which gave it the highest rating

Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid

With this Piramal succeeds in getting the requisite 66 per cent voting, says source

Stocks to watch: HCL Tech, Bharti Airtel, PVR, SAIL, IB Housing, SBI, HFCL

Voting on DHFL bids by committee of creditors ends today

DHFL bid: CARE Ratings subsidiary on Sebi radar over Oaktree's bonds

The markets regulator found it was a subsidiary of CARE which had rated the Oaktree acquisition proposal, not the bonds

DHFL a test case whose successful resolution is critical for banking sector

Reports suggest a potential recovery of 35 per cent from the bid process compared to an average recovery of seven per cent

Successful resolution of Dewan Housing Finance Corp critical for banking

Reports suggest a minimum upside of 35 per cent from the bid process of the lender

DHFL Resolution: Piramal claims its offer to FD holders better than Oaktree

Piramal Enterprises claimed that its bid provides better offer to over 55,000 retail fixed deposit holders of the debt-ridden mortgage lender than Oaktree Capital

DHFL case: 63 Moons seeks Rs 30,000 crore payback to NCD, FD holders

The NCD and FD holders have the largest exposure to the crippled company at Rs 45,000 crore, followed by banks at Rs 35,000 crore and others have an exposure of Rs 5,000 crore.

DHFL bid: Sebi asks Oaktree Capital to explain credit rating claims

As per norms, credit rating agencies cannot indicate a rating of an instrument unless such a rating is given. Such action is barred as it could potentially mislead investors.

Piramal contests US-based Oaktree Capital's offer for bankrupt DHFL

The tier I capital of DHFL has already been completely written off and the existing lenders will be taking a substantial write-down on their loans

Piramal Group claims its bid for DHFL highest and compliant with norms

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms

Oaktree Capital, Piramal group trade charges over bids for bankrupt DHFL

US firm says its offer is better, warns of legal action

Oaktree provides unconditional, implementable plan for DHFL resolution

US-based Oaktree Capital has said its revised bid for the debt-ridden DHFL is unconditional and comes with a commitment of fresh capital infusion of Rs 1,000 crore for the revival of the company

Sensex ends 261 pts up at record closing peak of 48,438; IT stocks outrun

Axis Bank ended the session as top Sensex gainers, up 6 per cent at close, followed by gains in HDFC (2.7 per cent), IndusInd Bank (2.7 per cent), and TCS (1.7 per cent)

Stocks to watch: HDFC, DHFL, Bajaj Finance, Edelweiss Financial, IDBI Bank

MOIL will form JV with Gujarat Mineral Development Corporation for manganese ore mining JV in Gujarat

Not a penny to equity holders as DHFL bidders value firm's shares at zero

Investors baffled as DHFL had a market valuation of Rs 941 cr on Monday, with its stock trading at Rs 30 a share even after the company was sent for bankruptcy proceedings

DHFL case: 63 Moons moves NCLT seeking to protect bondholders

63 Moons Technologies, formerly Financial Technologies, on Thursday said it has moved the National Company Law Tribunal (NCLT) seeking to ensure that recovery from DHFL benefit all creditors

Why the bid war for DHFL may well end up being a curse for the winner

Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes