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DHFL Case: New Round of Voting Started; Unsecured FCs to Get 40% of Their Claimed Amounts

DHFL Case: New Round of Voting Started; Unsecured FCs to Get 40% of Their Claimed Amounts
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

Jairam Sridharan , Dewan Housing Finance Corporation Ltd , Axis Bank , Prudential International Insurance Holdings Ltd , Committee Of Creditors Co , Committee Of Creditors , Development Authority , Piramal Group , National Company Law Tribunal , Housing Finance Ltd , Distribution Mechanism , Resolution Plan Payments , Resolution Plan , Resolution Plan Value , Piramal Retail Finance , Piramal Capital , Insurance Regulatory , ஜெய்ராம் ஸ்ரீதரன் , திவான் வீட்டுவசதி நிதி நிறுவனம் லிமிடெட் , அச்சு வங்கி , விவேகமான சர்வதேச காப்பீடு ஹோல்டிங்ஸ் லிமிடெட் , குழு ஆஃப் கடன் வழங்குநர்கள் இணை , குழு ஆஃப் கடன் வழங்குநர்கள் , வளர்ச்சி அதிகாரம் , பிரமல் குழு , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் ,

DHFL begins implementing Piramal resolution plan

DHFL begins implementing Piramal resolution plan
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Khushru Jijina, managing director at PCHFL who has rich experience in corporate finance, is in the committee. “His expertise could be instrumental in dealing in DHFL’s wholesale book,” said a person familiar with the matter.
Agencies
“The matter is now settled. Nothing can upset it as the authorities demonstrated exemplary action in resolving this case,” said a senior banker, whose institution lent to DHFL.
An executive team headed by Jairam Sridharan of Piramal Retail Finance has been set up on the directions of the National Company Law Tribunal to effect the transfer of Dewan Housing Finance Ltd (DHFL) to its acquirer, Piramal Capital and Housing Finance Ltd (PCHFL). ....

Khushru Jijina , Jairam Sridharan , Prudential International Insurance Holdings Ltd , National Company Law Tribunal , Piramal Group , Housing Finance Ltd , Dewan Housing Finance Ltd , Development Authority , Union Bank , Piramal Retail Finance , Piramal Capital , State Bank , Catalyst Trusteeship , Housing Finance , Insurance Regulatory , ஜெய்ராம் ஸ்ரீதரன் , விவேகமான சர்வதேச காப்பீடு ஹோல்டிங்ஸ் லிமிடெட் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , பிரமல் குழு , வீட்டுவசதி நிதி லிமிடெட் , திவான் வீட்டுவசதி நிதி லிமிடெட் , வளர்ச்சி அதிகாரம் , தொழிற்சங்கம் வங்கி , பிரமல் மூலதனம் , நிலை வங்கி , வீட்டுவசதி நிதி ,

Pramerica Life Insurance sets up a special helpdesk for simplifying death claims settlement due to Cyclone Yaas

/PRNewswire/ Pramerica Life Insurance has set up a special Claims Helpdesk to render pro-active service to the beneficiaries of the policyholders affected. ....

United States , West Bengal , Tansen Tirthankar Kothari , Rohan Bhatia , Arijeet Mustafi , Kankaria Manson , Kalpana Sampat , Or District Level Administration , Prudential International Insurance Holdings Ltd , Head Office , Head Office Claims Helpdesk , Prudential Insurance Company Of America , Prudential Financial Inc , Pramerica Life Insurance , Its International Insurance , National Toll Free Number , Government Authority , Life Insurance , Claims Helpdesk , Managing Director , Pramerica Life , Death Certificate , Death Certified , Local Government Authority , Government Hospitals , District Level Administration ,

India's Top Student Volunteers Felicitated At The 11th Annual Pramerica Spirit of Community Awards

India's Top Student Volunteers Felicitated At The 11th Annual Pramerica Spirit of Community Awards
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , West Bengal , South Korea , Richa Anirudh , Jayant Hooda , Farida Lambay , Kolkataand Jayant Hooda , Venkat Krishnan , Morena Madhya Pradesh , Anjali Surana , Kritika Rawat , Deogarh Jharkhand , Kalpana Sampat , Ashoka University , National Winners , Prudential Insurance Company Of America , Prudential Financial Inc , Prudential Spirit Of Community , Pramerica Life Insurance , Pramerica Spirit Of Community Award , Prudential International Insurance Holdings Ltd , Spirit Of Community , Centre For Social Impact , Pramerica Spirit Of Community , Principal Trustee At India Welfare , Calcutta International School ,

DHFL Race: Piramal Holds Edge Over Oaktree Due To Higher Upfront Cash, Insurance Tangle For Foreign Firm

DHFL race: Piramal holds edge over Oaktree due to higher upfront cash, insurance tangle for foreign firms
Piramal Enterprises offers at least Rs 1,000 crore higher upfront payment than US asset manager Oaktree for DHFL in fourth round of auction. India’s FDI laws complicate Oaktree bid as DHFL has an insurance business.
DHFL (File Image: PTI)
Ajay Piramal-led Piramal Enterprises has edged out rival suitor Oaktree Capital in the auction to purchase the assets of Diwan Housing Finance Ltd (DHFL) by submitting the highest upfront cash payment, the bidding proposition preferred by the bankrupt company’s lenders.
Piramal Enterprises, a diversified conglomerate, offered Rs 12,700 crore as cash upfront trumping the Rs 11,646 crore offer from American asset manager Oaktree, multiple persons familiar with the matter told Moneycontrol. Piramal and Oaktree trumped Adani Properties, the remaining suitor in the fray, in the fourth round of bids on Monday. ....

United States , Prudential International Insurance Holdings Ltd , Adani Properties , Insurance Companies Foreign Investment , Piramal Enterprises , Diwan Housing Finance Ltd , Ajay Piramal Enterprises , Pramerica Life Insurance Ltd , File Image , Piramal Led Enterprises , Oaktree Capital , State Bank , Bankruptcy Code , Life Insurance , Prudential International Insurance Holdings , Foreign Investment , Life Insurance Ltd , ஒன்றுபட்டது மாநிலங்களில் , விவேகமான சர்வதேச காப்பீடு ஹோல்டிங்ஸ் லிமிடெட் , அதானி ப்ராபர்டீஸ் , காப்பீடு நிறுவனங்கள் வெளிநாட்டு முதலீடு , பிரமல் நிறுவனங்கள் , திவான் வீட்டுவசதி நிதி லிமிடெட் , அஜய பிரமல் நிறுவனங்கள் , பிரமெரிக்க வாழ்க்கை காப்பீடு லிமிடெட் , கோப்பு படம் ,