DHFL

General

07 April, 2020

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

US-based private equity giants TPG Capital and KKR & Co. Inc. are running ahead in the race to acquire a ......

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, ......

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 ......

Finance

29 November, 2019

RBI moves to begin bankruptcy proceedings against DHFL

The Reserve Bank of India has filed an application to begin bankruptcy proceedings against shadow lender Dewan Housing Finance Corporation ......

General

28 November, 2019

Grapevine: Bounce to raise $150 mn; KKR plans green bets; Apollo, Cerberus eye DHFL

Wickedride Adventure Services Pvt. Ltd, which operates dockless scooter-sharing platform Bounce, is in talks to raise as much as $150 ......

General

24 October, 2019

Grapevine: CDPQ to up stake in Piramal flagship; Oaktree plan for DHFL unit hits snag

Canada pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to raise its stake in Ajay Piramal’s ......

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 ......

Finance

04 October, 2019

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working out resolution ......

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 ......

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 ......