Page 8 - Dhfl

DHFL bid: Sebi asks Oaktree Capital to explain credit rating claims

As per norms, credit rating agencies cannot indicate a rating of an instrument unless such a rating is given. Such action is barred as it could potentially mislead investors.

Piramal contests US-based Oaktree Capital's offer for bankrupt DHFL

The tier I capital of DHFL has already been completely written off and the existing lenders will be taking a substantial write-down on their loans

Piramal Group claims its bid for DHFL highest and compliant with norms

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms

Oaktree Capital, Piramal group trade charges over bids for bankrupt DHFL

US firm says its offer is better, warns of legal action

Oaktree provides unconditional, implementable plan for DHFL resolution

US-based Oaktree Capital has said its revised bid for the debt-ridden DHFL is unconditional and comes with a commitment of fresh capital infusion of Rs 1,000 crore for the revival of the company

Sensex ends 261 pts up at record closing peak of 48,438; IT stocks outrun

Axis Bank ended the session as top Sensex gainers, up 6 per cent at close, followed by gains in HDFC (2.7 per cent), IndusInd Bank (2.7 per cent), and TCS (1.7 per cent)

Stocks to watch: HDFC, DHFL, Bajaj Finance, Edelweiss Financial, IDBI Bank

MOIL will form JV with Gujarat Mineral Development Corporation for manganese ore mining JV in Gujarat

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