When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
Taking exception to Uttar Pradesh government's proposed move to withdraw cases against Muslim leaders in Muzaffarnagar riots, the Bharatiya Janata Party on Tuesday asked Governor B L Joshi to press the government to withdraw all cases, including those lodged against its leaders, in connection with the violence.
Power crisis has deepened in Uttar Pradesh with closure of one more unit of Anpara thermal power project due to a technical snag, prompting Chief Secretary Alok Ranjan to ask officials to find a solution to meet electricity shortage in the state.
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