DHFL promoters look to sell half of their stake for $1 bn

DHFL promoters look to sell half of their stake for $1 billion; Lack of final loan ratings prevented LIC from buying DHFL papers in January; Have something to say? Post your comment. Comments are moderated and will be allowed if they are about the topic and not abusive.

Sectoral indices such as Auto, IT, oil & gas and Realty shares witnessed fresh selling amid pruning of long positions by. which rose between 0.40% and 1.40%. After fluctuating in a wide range.

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The Narendra Modi-government is looking to tighten the noose around companies and promoters suspected of financial irregularities. ET Now learns that the Ministry of Home Affairs has issued a lookout notice against the promoters of Dewan Housing Financial. The moves comes after the Ministry of.

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Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs 6,900 crore) by selling nearly 50% of their holdings.

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DHFL promoters look to sell half of their stake for $1 billion June 13, 2019 PWC resigns as statutory auditor of Reliance Home Finance June 13, 2019 Gurugram: Realtech Realtors’ director arrested for duping buyers June 13, 2019

YES Bank plunges 13% as UBS cuts stock target by 47%. The scrip has dropped 33% year-to-date against Sensex’s 9.9% rise. A total of 11 brokerages have ‘sell’ ratings on the stock today.

Page 8 – ETRealty.com brings the latest Allied Industries news, online allied industries information, views & updates.. DHFL promoters look to sell half of their stake for $1 billion. According to sources, promoters have also expressed their intent to quit the management.. Promoters of.

Promoters of mortgage lender are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs 6,900 crore) by selling nearly 50 per cent of their holdings, sources said. The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.

The top gainers of the BSE Sensex pack were DHFL, Cox & Kings. Agreement dated May 1, 2018,by the order of Competition Commission of India (CCI). L&T had said "the divestment is a part of the.