Oaktree emerges highest bidder for debt-ridden DHFL

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The......

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines......

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them. A surprise last-minute bid by......

Piramal Group claims its bid for DHFL highest and compliant

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