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DHFL resolution: NCLAT stays NCLT order to consider Wadhawan’s offer

In a relief to Piramal Group, the National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT order directing DHFL’s Committee of Creditors (CoC) to consider...

Business4 weeks ago

Jaypee Infra CoC defers voting on Suraksha’s bid

The Committee of Creditors (CoC) of Jaypee Infratech (JIL) has deferred the voting process on the resolution plan of Suraksha ARC till Friday, May 28, sources...

Business4 months ago

RBI approves Piramal Group’ proposed takeover of DHFL

The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group. The development comes just a month...

Business6 months ago

Piramal’s DHFL bid to cover up its financial stress?

As the race for the failed Dewan Housing Finance Corporation Ltd. (DHFL) is coming to an end, banking industry sources claim that the likely winner, Piramal...

Business1 year ago

Jet Airways’ Committee of Creditors to meet on Thursday

The Committee of Creditors (CoC) of the insolvent Jet Airways is scheduled to meet on Thursday to discuss on the future course of action as it...

Business2 years ago

Jaypee Infratech: NBCC offers Rs 62 crore for home buyers seeking refund

State-run construction major NBCC (India) in its resolution plan for the insolvent Jaypee Infratech (JIL) has said it would pay a total of Rs 62.40 crore...