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DHFL shares gain as it tries to assuage liquidity concerns

Updated : February 04, 2019 01:36 PM IST

Investigative media outlet Cobrapost had alleged last week that loans from Indian state banks were diverted by Dewan to shell companies, including those linked to its controlling shareholders.
Dewan has, however, denied lending to shell companies and said it had not received any communication from the government in relation to an investigation.
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