Page 7 - Dhfl

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

DHFL resolution: Oaktree Capital shoots letter to RBI, seeks fair play

Oaktree said information is being presented in an incomplete and inaccurate manner to discredit its bid

Oaktree Capital, Piramal Group raise offers for bankrupt DHFL yet again

Lenders set to vote on both proposals this week

DHFL's sale poses legal hurdle for Oaktree due to insurance JV stake

Insurance sale before DHFL sale would have eliminated regulatory uncertainty, say lawyers

Top headlines: Rs 5K cr zero-coupon bonds for P&SB; Apple to expand in cars

From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning

DHFL bidder selection: Oaktree Capital asks lenders for fair treatment

Oaktree and Piramal Group are engaged in neck and neck competition to get control of the mortgage lender, for which the selection process has entered the final stage

Piramal, Oaktree slug it out as race for debt-laden DHFL intensifies

Lenders to meet today to decide on presentations by firms companies

Piramal group plans to merge its financial services business with DHFL

The plan depends on DHFL's committee of creditors (CoC) accepting the offer over its rival Oaktree's.

DHFL freezes at 5% lower circuit for second straight day on profit booking

Oaktree Capital has emerged as the highest bidder in a revised round of bidding for the troubled mortgage lender

Tough call for DHFL lenders as Oaktree just manages to outbid Piramal

Adani does not make aggressive bid in fourth round; all offers have several conditions and banks will have to take a call by evaluating NPV of each

Top headlines: EPFO at 8.5% for private sector; steel capacity set to fall

From subscribers likely to get 8.5% EPF savings interest at one go on 'market boost' to Serum in talks to finalise Covid-19 vaccine price, here at top headlines this morning

DHFL resolution: Kapil Wadhawan writes to SEBI, RBI against 63 Moons

63 Moons has filed a writ petition before the Madras High Court seeking attachment of assets belonging to DHFL, Wadhawan said in the letter

RInfra, DHFL, Tanla Platforms and 384 other stocks hit upper circuit

Kothari Products, Oswal Greentech, Adhunik Ind, JP Ventures, Sical Logistics, Shemaroo Entertainment, Geojit Financial, Mawana Sugars, Hindustan National Glass were locked in 20% upper circuit.

DHFL, Vakrangee, Tanla Platforms from BSE Smallcap zoom over 75% in 1 month

The S&P BSE Smallcap index hit a fresh 52-week high of 17,136 on the BSE in intra-day trade today.

After walkout fiasco, DHFL extends deadline for fresh bids to Dec 14

Value maximisation should be core principle: former AG Mukul Rohatgi

Decoded: Unravelling the legal tangle around revised bids for DHFL

The DHFL saga has put the spotlight on the legal ambiguity in accepting bids beyond stipulated deadlines

Can improve DHFL offer, forfeit deposit of those against recoveries: Adani

Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA

SBI draws from Binani Cement deal, backs another bidding round for DHFL

Lender has the highest exposure to the bankrupt firm, want to maximise asset's value