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2 mins read
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
1 min read
DHFL sets record as India's housing finance company to go bankrupt
The Reserve Bank on Friday sent the crippled Dewan Housing Finance Corporation (DHFL) to the ba…
PTI
1 min read
Wadhawans lose control of DHFL after RBI dissolves the board after multiple defaults
The Reserve Bank on Wednesday superseded the board of the troubled Dewan Housing Finance Corpora…
PTI
2 mins read
NCLT approves Piramal Group's resolution plan for DHFL
"We are not remanding the plan back to CoC, we respect their commercial wisdom," it said. …
PTI
2 mins read
Fraudulent transactions of ₹6,182 crore in DHFL unearthed
Accordingly, the Administrator of the Company received an initial report from the professional…
1 min read
BSE and NSE suspend trading in shares of Dewan Housing Finance Corporation Ltd (DHFL) from Monday
The development follows the approval of the resolution plan of Piramal Capital & Housing Fin…
1 min read
DHFL fails to repay ₹50 crore on secured non-convertible debentures – blames moratorium restrictions for non-payment
"It may please be noted that the company is currently under moratorium pursuant to Section 14 of…
2 mins read
DHFL creditors to meet on Monday for discussing resolution
Mumbai, Dec 29 () The Reserve Bank of India-appointed administrator of the crippled Dewan Housing F…
PTI
1 min read
SBI hopes IBC timeline be adhered to in DHFL resolution
New Delhi, Nov 21 () A day after the Reserve Bank decided to refer crippled Dewan Housing Finance t…
PTI
2 mins read
KKR, Adani, Piramal, Kotak, among two dozen bid for DHFL
The source said Hong Kong-based Lonestar Asia Pacific Acquisition, Kotak Ivestment Advisors, Singap…
PTI
1 min read
Mutual funds will join DHFL resolution process: Sebi chief
Mumbai, Nov 20 () Sebi Chairman Ajay Tyagi on Wednesday said mutual funds will join the resolution …
PTI
1 min read
DHFL postpones release of financial results; new date to be announced later
Mumbai, Nov 22 () Crippled mortgage lender DHFL, whose management has been taken over by the RBI, o…
PTI
2 mins read
Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over ₹60,000 crore write-off
DHFL was the first finance company to be referred to NCLT by the RBI using special powers unde…
PTI
1 min read
DHFL posts net loss of Rs 6,641 cr in Jul-Sep period
New Delhi, Jan 23 () Debt-ridden housing finance firm DHFL on Thursday has reported a consolidated …
PTI
2 mins read
Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries
The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…
3 mins read
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
2 mins read
Work is on to amend IBC to address cross-border insolvency: Sahoo
Mumbai, Nov 30 () Insolvency and Bankruptcy Board of India chairman M S Sahoo on Saturday said work…
PTI
3 mins read
RBI Governor advocates for a legally-backed 'resolution corporation' to deal with stressed financial firms
However, after a year, the government decided to withdraw the bill as there were concerns raise…
PTI
2 mins read
Business highlights
New Delhi, Nov 29 () Following are the top business stories at 1825 hours:
DEL57 BIZ-GDP India…
PTI
2 mins read
Some employees in India are stepping up with investments to save the company and their jobs
The tables have turned as employees of troubled companies are saving them instead of quickly jumpin…