Search For "dewan housing finance corporation limited"
Economic Offences Wing books builder Sanjay Chhabria, DHFL promoter Kapil
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 15 (ANI): The Economic Offences Wing (EOW) of Mumbai police on Tuesday registered a fresh case against builder Sanjay Chhabria and Dewan Housing Finance Corporation Limited (DHFL) promoter Kapil Wadhwan for allegedly cheating a real estate firm to the tune
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Cyril Amarchand Mangaldas advises on corporate insolvency resolution proce
Updated : 5 years, 1 month ago IST
New Delhi/Mumbai [India], June 22 (ANI/NewsVoir): Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFL's corporate insolvency resolution process. The CoC of DHFL comprises of banks, financial i
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RBI supersedes DHFL board, to initiate insolvency proceedings
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
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UP govt approves CBI inquiry into Power Corporation EPF scam case
Updated : 6 years, 9 months ago IST
Lucknow (Uttar Pradesh) [India], Nov 3 (ANI): Uttar Pradesh Additional Chief Secretary Avnish Awasthi on Sunday said that the state government has given approval for a CBI inquiry into a case of alleged investment of over Rs 2,600 crores of Uttar Pradesh power employees' provident fund money
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UP: Rs 2600-crore fund invested in DHFL, two held
Updated : 6 years, 9 months ago IST
Lucknow (Uttar Pradesh) [India], Nov 3 (ANI): Two officers have been arrested in a case related to the alleged investment of over Rs 2,600 crores of Uttar Pradesh power employees' provident fund money in scam-hit Dewan Housing Finance Corporation Limited (DHFL).
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 7 years ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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DHFL says it remains strong and solvent, resolution plan underway
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Despite the financial crisis at Dewan Housing Finance Corporation Limited (DHFL), the company said on Monday that it has withstood intense pressure and continues to remain strong and solvent.
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DHFL deal with Prudential to be completed shortly
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): Dewan Housing Finance Corporation Limited (DHFL) said on Wednesday that divestment of the company's entire shareholding in DHFL Pramerica Asset Managers Pvt Ltd (DPAMPL) and DHFL Pramerica Trustees Pvt Ltd (DPTPL) to Prudential is expected to be c
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DHFL demise highlights funding risk at Indian non-bank lenders: Fitch
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
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Crisil downgrades DHFL's commercial paper rating to 'default' grade
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Global rating agency Crisil on Wednesday downgraded its rating on the commercial paper of Dewan Housing Finance Corporation Limited (DHFL) to 'Crisil D' from 'CRISIL A4 plus' as the company has failed to pay interest on bonds.
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No evidence of DHFL forming shell companies to divert funds: Auditor
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Dewan Housing Finance Corporation Limited (DHFCL) did not promote any of the 26 shell companies which were alleged to have siphoned off nearly Rs 35,000 crore, independent audit firm T P Ostwal & Associates has said.
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