The Enforcement Directorate (ED) is learnt to have reached out to the police team seeking details of the case, a senior official confirmed
Agency affirms company's long-term credit rating of "AA" and short term of "A1+"
Edelweiss is also moving in the same direction after it sold developer loans to investors.
The firm issued foreign currency convertible bonds
The TechVillage sale for $1.3 bn was the country's single largest commercial property deal, and made Embassy REIT the largest in Asia by office space
The proceeds will be used to bolster the capital adequacy ratio of the lender
Indiabulls Housing Finance launched its QIP (qualified institutional placement) and set the floor price at Rs 206.70 per equity share for the issue
Firms signed a similar deal 3 months ago
Jitendra Virwani along with other promoter entities of NAM Estates will become the new promoters of IBREL upon completion of merger
Stocks of Indiabulls Group are in focus on Thursday, a day after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect
The leaked data seems to be a warning by the ransomware operators to Indiabulls group to accept their terms within 24 hours
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.
The attrition is in line with the process we follow every year, says company
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
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
Incremental cost of funds was high at nearly 9 per cent, key financials also remained under pressure in Q3
The rating on the CP issue and short-term non-convertible debenture programme has been reaffirmed at 'A1+'
DHFL continued to act as a collecting agent for the two Indiabulls entities and deposited the collections with IDBI Trusteeship
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.
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.