Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday expressed concern over Icra’s downgrade of its commercial papers. The housing finance company said the “re-rating” was not merit-based a...
Adani Group, KKR, Bain Capital, Kotak Mahindra Bank and Piramal Enterprises are among the more than two dozen entities that have put in bids for crippled DHFL, the first financial services player unde...
NBFCs have been facing difficulties in mobilising liquidity after the crisis at IL&FS, with over Rs 1 lakh crore of commercial paper (CP) due for redemption this month alone. In fact, the liquidit...
Cash-strapped DHFL has suffered a fourth-quarter net loss of Rs 2,223.41 crore as provisions jumped. The housing finance company had clocked a net profit of Rs 134.35 crore a year ago.The loss came as...
Global private equity giant Warburg Pincus Group is acquiring a nearly 80 per cent stake in education NBFC Avanse Financial Services from Dewan Housing Finance Corporation (DHFL) and Wadhawan Global C...
Maharashtra home minister Anil Deshmukh on Wednesday said the state government has requested the CBI to take the custody of DHFL promoters Wadhawans, who allegedly violated the lockdown norms and trav...
The CBI carried out searches at seven locations on Monday in connection with the Yes Bank scam pertaining to the Rs 600 crore alleged bribe to the family of its co-founder Rana Kapoor by DHFL, officia...