online auction
Lenders trying to find a way to recover loans from financially troubled Deccan Chronicle. Of the 100-crore loan exposure to the financially-troubled Deccan Chronicle Holdings Ltd, Indiabulls Housing Finance Ltd has recovered Rs. 77 crore. DCHL’s properties were auctioned online by Indiabulls. Last year, DCHL defaulted on its loan payments, resulting in Indiabulls taking possession [...] Continue Reading »
Refuting any rumours about the newly launched e-bidding being a failure, officials at the Hyderabad Metropolitan Development Authority (HMDA) declared that the initiative have worked perfectly for them. The department disclosed that response has been swift and that they are confident of completing the sale of the 42 layouts. The auction began at 11am on [...] Continue Reading »
