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DHFL

Central bank okays Piramal takeover of DHFL

Finance

18 February, 2021

Central bank okays Piramal takeover of DHFL

The Piramal Group has received the greenlight from the Reserve Bank of India to acquire Dewan Housing Finance Corporation Ltd ......

Piramal Group beats Oaktree to emerge as preferred bidder for DHFL

Finance

15 January, 2021

Piramal Group beats Oaktree to emerge as preferred bidder for DHFL

Billionaire Ajay Piramal led Piramal Group has emerged as the preferred bidder to acquire bankrupt mortgage lender Dewan Housing Finance ......

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All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test

Finance

14 January, 2021

All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test

This Friday will see a critical test of the four-year bankruptcy law as lenders decide between a local and a ......

Dewan Housing: Why insolvency resolution processes need a greater degree of certainty

Finance

28 December, 2020

Dewan Housing: Why insolvency resolution processes need a greater degree of certainty

In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first non-banking ......

Grapevine: CPPIB, ADIA eye India's smart meter rollout; DHFL bidders mull walkout

General

26 November, 2020

Grapevine: CPPIB, ADIA eye India's smart meter rollout; DHFL bidders mull walkout

Canada Pension Plan Investment Board (CPPIB) and sovereign wealth fund Abu Dhabi Investment Authority (ADIA) are interested in investing in ......

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

General

11 November, 2020

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

Poised to become the largest homegrown private equity brand, Kedaara Capital is looking to raise a billion dollars (about Rs ......

Grapevine: ReNew looks to list abroad; Mahindra Susten gets offers for solar assets

General

19 October, 2020

Grapevine: ReNew looks to list abroad; Mahindra Susten gets offers for solar assets

India’s largest clean energy firm, ReNew Power Ventures, is looking for an overseas listing, two people aware of the matter ......

Dewan Housing administrator files $1.7 bn fraud case against Kapil Wadhawan, others

Finance

28 September, 2020

Dewan Housing administrator files $1.7 bn fraud case against Kapil Wadhawan, others

The administrator of troubled Dewan Housing Finance Corporation Ltd (DHFL) has filed a case of fraud worth Rs 12,705 crore ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Nifty, Sensex record fourth straight weekly gains

Markets

10 July, 2020

Nifty, Sensex record fourth straight weekly gains

Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, ......