Page 3 - Indiabulls
Covid-19 crisis: India Inc reaches for pink slips as cash flow dries up
Senior staff of all the top groups have taken salary cuts up to 20 per cent to preserve jobs at the bottom of the pyramid.
 "Covid-19 crisis: India Inc reaches for pink slips as cash flow dries up")
Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses
The attrition is in line with the process we follow every year, says company
 "Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses")
India Inc's rating interference irks Sebi; MFs told to take action
The regulator's directive comes after at least three companies -Indiabulls, Edelweiss, and Future Group - sought court action in such matters, amid the Covid-19 disruption
 "India Inc's rating interference irks Sebi; MFs told to take action")
Yes Bank crisis: Indiabulls Housing says bank owes it Rs 662 cr in bonds
The investments in AT-1 bonds of Yes Bank were made in 2017, as part of its treasury management of over Rs 20,000 crore of cash and when the bank was worth over USD 10 billion in value, it said
 "Yes Bank crisis: Indiabulls Housing says bank owes it Rs 662 cr in bonds")
Indiabulls Housing Finance shifts focus back to fundamentals; stock up 11%
Incremental cost of funds was high at nearly 9 per cent, key financials also remained under pressure in Q3
 "Indiabulls Housing Finance shifts focus back to fundamentals; stock up 11%")
CRISIL downgrades Indiabulls Housing Finance's rating on fund access
The rating on the CP issue and short-term non-convertible debenture programme has been reaffirmed at 'A1+'
 "CRISIL downgrades Indiabulls Housing Finance's rating on fund access")
NCLT allows Indiabulls group to recover dues from loans assigned to DHFL
DHFL continued to act as a collecting agent for the two Indiabulls entities and deposited the collections with IDBI Trusteeship
 "NCLT allows Indiabulls group to recover dues from loans assigned to DHFL")
Indiabulls to sell commercial properties to Blackstone for Rs 810 cr
Indiabulls Real Estate has already sold its key commercial properties in Mumbai such as Indiabulls One and Indiabulls Finance Centre and properties in Chennai to Blackstone.
 "Indiabulls to sell commercial properties to Blackstone for Rs 810 cr")
Examining financial irregularities by Indiabulls Group: Centre to Delhi HC
Corporate Affairs ministry had informed the court earlier that the inspection reports for IBVL and IBHFL would to be ready by the end of October and for IBREL, by the end of November.
No irregularity in Indiabulls Group loans to 5 firms: Corp min to Delhi HC
The petitioners had alleged in the PIL that the loans were given to shell companies
Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG
All the four entities, for which data was sought by Irdai on October 9, have been downgraded by credit rating agencies recently
 "Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG")
Inspecting complaints against Indiabulls Group: Centre tells Delhi HC
The ministry's affidavit was filed in response to a PIL by an NGO, Citizens Whistle Blower Forum, alleging financial irregularities by IBHFL
'Freak trade': Investors push up yields of Indiabulls Housing bonds to 43%
According to the BSE website, the last traded price of the bond was Rs 60.38, for a trade size of Rs 135 crore
Moody's downgrades Indiabulls to B2 on fund raising challenge, governance
Rating agency says continued decline in on-balance sheet loans is a reflection of its funding challenges
Indiabulls withdraws 'defamatory' content plea against Swamy, social media
The court had in September passed an interim order restraining Swamy and the social media giants from publishing or disseminating any "false, offending or defamatory" allegations against Indiabulls
 "Indiabulls withdraws 'defamatory' content plea against Swamy, social media")
Indiabulls group board to take up share buybacks proposal on Monday
Market experts say the buyback is done to stem the slide in the stock prices of the two companies
 "Indiabulls group board to take up share buybacks proposal on Monday")
Top headlines: GST collection falls to Rs 91,916 cr, Maruti sales decline
The government will by the end of October submit its report on potential wrongdoing at three Indiabulls Group companies.
 "Top headlines: GST collection falls to Rs 91,916 cr, Maruti sales decline")
Govt to submit probe report on Indiabulls by the end of October
Indiabulls Housing Finance, Indiabulls Ventures, Indiabulls Real Estate are being probed for potential wrongdoing by the Registrar of Companies
Indiabulls seeks early hearing on fraud charges after record share slump
The development represents an effort to get out ahead of recent headlines that contributed to its share price losing an unprecedented 34% slump on Monday. Shares rebounded 5% on Tuesday
Indiabulls Group shares tumble; Indiabulls Housing ends 34% lower
Indiabulls Housing Finance saw its sharpest intra-day fall since listing, plunging 38 per cent to Rs 240, also its 52-week low on the BSE. The trading volumes on the counter jumped four-fold
 "Indiabulls Group shares tumble; Indiabulls Housing ends 34% lower")
