"It's a defining milestone," Piramal group chairman Ajay Piramal said Wednesday. "This gives us the opportunity to address the financing ne...

Confirming the development, Deputy Commissioner of Police (Crime) Srinivas Ghadge said look-out circulars were issued against Nilam Rane an...

The ED believes that funds were allegedly routed overseas by Sunblink

The default by DHFL is towards principal and interest on non-convertible debentures (NCDs) worth Rs 350 crore issued by it.

After the deal, the stake of existing promoter Kapi Wadhawan will drop to 9.6 per cent.

The lenders are trying to rescue DHFL with outstanding debt of over Rs 1 lakh crore and prevent a default.

In January this year, online news portal Cobrapost had alleged that its promoters have siphoned off over Rs 31,000 crore of public funds.

DHFL is required to monitor post disbursal end use of funds by the borrowers.

Considering the financial health of the firm, analysts are advising investors to avoid the scrip.

Several fund houses have large exposures to DHFL, at 2-10 per cent of total debt AUM.

25 mutual fund houses collectively hold DHFL paper worth Rs 8,650 crore as of December 2018.

The portal claimed that PSU banks had advanced loans worth Rs 14,000 crore to DHFL.

With this, the CP outstanding as on November 30, the NBFC said, will be 1 per cent of the total borrowing amounting to Rs 1,125 crore.

Buy Dewan Housing Finance Corporation, at a price target of Rs 743.

On Friday, the shares crashed 42.43 per cent to end at Rs 351.55 on the BSE.

Since this was much higher than DHFL’s previous borrowing rate of 8.2% and there was no pressing need for funds, DHFL treasury rejected the...

Kotak Life Insurance on Tuesday announced its tie-up with the Bangalore-based housing finance company, DHFL Vysya, which has tied up with t...