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Total 18 results found. Search for [ fund diversion by DHFL ]

Results 1 to 18 of 18
Prasanna Mohanty
December 2, 2020
RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players


PTI
October 26, 2020
Earlier this month, Dewan Housing Finance Corporation Ltd (DHFL) had received four bids for either picking up stake in the company or buying out assets


PTI
October 20, 2020
The valuation of these projects including Juhu Galli project and Irla project are about Rs 43,879 crore that to at a 15 per cent lesser market value


PTI
October 18, 2020
In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


PTI
March 8, 2020
The agency has also recovered documents that show some assets of the Kapoor family in London and the source of funds for their acquisition is now being investigated


BusinessToday.In
February 7, 2020
The value of these properties is pegged at Rs 3,000 crore. The ED suspects that Wadhawans had allegedly brought several other properties in the name of shell companies created by them or their associates


BusinessToday.In
New Delhi, February 3, 2020
DHFL, the country's leading housing financier, has come under the scanner of the ED in connection with its alleged link with global terrorist Dawood Ibrahim's aide Iqbal Mirchi, is now suspected of fund diversion


BusinessToday.In
New Delhi, January 27, 2020
The ED alleged that Kapil Wadhawan \"diverted\" funds from DHFL to shell companies and later these dubious companies got amalgamated with Sunblink Real Estate Pvt Ltd to facilitated routing of amount to Mirchi


BusinessToday.In
New Delhi, November 5, 2019
India's fourth-largest housing financier, DHFL, is currently being probed by the Enforcement Directorate over allegations of fund diversion


BusinessToday.In
October 31, 2019
A forensic audit of the company by KPMG found that DHFL had lent Rs 14,000 crore to about 25 group companies, which had posted an average profit of about Rs 1 lakh


BusinessToday.In
October 24, 2019
The audit report stated that DHFL disbursed loans and advances to inter-connected entities seemingly linked to its promoters, and repayments to the tune of Rs 12,541 crore by 28 such entities are untraceable. In addition, the report red-flags loan disbursal without proper documentation to several companies boasting minimal operations


BusinessToday.In
October 24, 2019
Business Today earlier reported that as per the forensic audit of the company by KPMG, DHFL had lent Rs 14,000 crore to about 25 group companies, which had posted an average profit of about Rs 1 lakh


Aseem Thapliyal
October 24, 2019
DHFL share price was stuck in lower circuit of 5% today at Rs 18.45 compared to the previous close of Rs 19.40 valuing his current holding at Rs 14.24  crore. Rakesh Jhunjhunwala held 77.20 lakh or 2.46% in the firm at Rs 249.4 per share on December 31, 2018.


BusinessToday.In
New Delhi, October 23, 2019
Draft report of the audit has been shared with members of DHFL's committee of creditors last week and will be presented to board of the mortgage lender once it is finalised


Dipak Mondal
New Delhi, August 8, 2019
The auditors have noted that they could not get enough evidence on the basis of which they could say that the financial statement was presented in accordance with requirements of SEBI and accounting standard norms.


BusinessToday.In
July 11, 2019
DHFL crisis: The auditors' decision to resign ahead of the board meeting follows unsatisfactory reply to their requests pertaining to fund deployment by DHFL.


PTI
March 6, 2019



PTI
January 29, 2019



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