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.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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