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Dewan Housing Finance Corp Ltd

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

General

12 March, 2020

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

German lender Deutsche Bank has backed out from bidding for embattled Dewan Housing Finance Corp. Ltd, citing clash of interests, ......

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

SEBI tightens rules on loan default disclosure for public firms

Finance

20 November, 2019

SEBI tightens rules on loan default disclosure for public firms

India’s publicly listed firms must disclose any failure to repay loans within 24 hours in cases where 30 days have ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution plan ......

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Digital lending startup EarlySalary looks to raise new equity funding round

Finance

18 September, 2019

Digital lending startup EarlySalary looks to raise new equity funding round

Pune-based Social Worth Technologies Pvt. Ltd, which runs digital lending startup EarlySalary, is in discussions to raise its third equity ......

Now, a lenders' takeover of DHFL just short of two regulatory nods

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and now await greenlight ......

Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense

General

21 August, 2019

Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense

Singapore state investor Temasek, private equity firm TrueNorth, and Canadian Pension Plan Investment Board (CPPIB) are in separate discussions with ......

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

General

20 August, 2019

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan distribution business to a London-based ......

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

General

16 July, 2019

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current exchange rate) ......

Grapevine: Amazon in investment talks with NinjaCart; DHFL may sell stake to AION

General

17 June, 2019

Grapevine: Amazon in investment talks with NinjaCart; DHFL may sell stake to AION

E-commerce giant Amazon is in exploratory talks with Bengaluru-based NinjaCart to make an investment in the B2B fresh produce supply ......