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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: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......

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: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

General

05 July, 2019

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

OYO Hotels and Homes founder Ritesh Agarwal and largest minority investors Lightspeed Venture Partners and Sequoia Capital India have put ......

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 ......

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

General

11 June, 2019

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

Hotel chain OYO Hotels & Homes is looking to raise $1 billion (Rs 6,945 crore at current exchange rate) in ......

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

General

26 April, 2019

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

Dewan Housing Finance Corporation Ltd (DHFL) is planning to split its retail and wholesale loans businesses and will sell them ......

DHFL didn't divert funds to shell companies, says auditor

Finance

06 March, 2019

DHFL didn't divert funds to shell companies, says auditor

An auditor has dismissed a media allegation that India's Dewan Housing Finance Corp (DHFL) created shell companies to divert funds, but ......

Dewan Housing to bring in investor, sell stake in units

Finance

04 February, 2019

Dewan Housing to bring in investor, sell stake in units

Dewan Housing Finance Corporation Ltd said on Monday it will sell a stake in the company and some units to ......

Dewan Housing denies alleged misconduct, shares still slump

Finance

30 January, 2019

Dewan Housing denies alleged misconduct, shares still slump

Dewan Housing Finance Corp Ltd (DHFL) saw its shares fall more than 9 percent on Wednesday, as the Indian firm’s ......