Over 6,000 homebuyers put their life savings in HDIL projects, but their dream of owning a house in India’s financial capital remains elusive as the firm went into insolvency.
CBI FIR claims DHFL promoters, in connivance with others, duped a consortium of 17 banks to the tune of Rs 34,615 crore and diverted these funds to entities 'connected to DHFL'.
According to CBI, DHFL created 2.60 lakh fake accounts and disbursed home loans worth Rs 14,046 cr between 2007-2019 to avail interest subsidy under Pradhan Mantri Awas Yojana.
Kapil and Dheeraj Wadhawan, promoters of DHFL, sought default bail claiming that CBI had not complied with the procedural requirements under the CrPC while filing the chargesheet.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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