DHFL
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
General
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 ......
General
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 ......
General
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 ......
Finance
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 ......
General
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 ......
Markets
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, ......
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