ED traces Rs 2,317 crore as ‘proceeds of crime’ in Yes Bank-DHFL fraudThe agency suspects that the entire amount received by Yes Bank to DHFL has been laundered by the accused brothers Kapil and Dheeraj Wadhaw...
DHFL: Possible merger, delisting — what next? A look at fresh developments amid rising speculationThe resolution plan for DHFL was approved by the RBI in February, and by Competition Commission of India (CCI) in April. Piramal’s offer go...
How money moved in circles in DHFL insurance dealsThe link between TDH and DHFL’s insurance business follows a complex trail of transactions that show that DHFL had funded entities that in ...
Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over Rs 60,000 crore write-offIn November, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for i...
Claims worth Rs 4,800 cr admitted from fixed deposit holders of debt-laden DHFLNearly 55,000 public depositor holders, including retail and UP Power Corporation Employees, have demanded payments aggregating to Rs 5,200...
DHFL bankruptcy: Irdai rules out troubles for two insurance arms; asks insurers to write off exposureDHFL Pramerica Life, launched in 2008, is a joint venture between DHFL Investments, a wholly-owned arm of DHFL, and Prudential Internationa...
DHFL lenders to probe gangster linksThe forensic audit conducted by KPMG has revealed alleged routing of at least Rs 20,000 crore by DHFL to several shell companies. But it di...
HC extends order restraining DHFL from making further payments to its creditorsEarlier, on September 4, the court had restrained DHFL from paying dues to any lender until October
DHFL says working with creditors to resolve issues without any haircut to lendersDHFL on Saturday reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.
Debt-laden DHFL gets Sebi approval to exit mutual fund businessThe company had entered an agreement with Prudential Financial to divest its 50 per cent holding in DHFL Pramerica Asset Managers (DPAMPL).
DHFL defaults again on commercial papers repaymentOut of the aggregate amount of Rs 375 cr, DHFL failed to make payments worth Rs 225 cr.
Are DHFL Pramerica Mutual Fund schemes the largest investors in DHFL papers? Be ready for surpriseDHFL Pramerica Medium Term Fund had invested 37 per cent of its portfolio in its parent company DHFL’s papers.
Debt mutual funds take a tumble as DHFL slips on paymentDHFL Pramerica Medium Term Fund, with assets of Rs 35 crore, saw its NAV plunge 52.99 per cent.
DHFL may sell Rs 18,000 crore loans to US company Oaktree CapitalA successful deal with Oaktree will pave way for the sale of stakes in DHFL to a strategic partner, which could be a private equity firm or...
DHFL aims 20 per cent growth in FY18, AUM to cross Rs 1 lakh croreWe are looking at 18-20 per cent growth in our business in 2017-18. We ended with Rs 28,000 crore incremental lending, said DHFL.
Reject DHFL's related party transaction proposal, proxy advisory tells shareholdersTo unlock embedded value, DHFL has proposed to transfer its entire shareholding in DHFL Pramerica Life Insurance (DPLI) to its wholly owned...
DHFL, Prudential Financial to form asset management JV in IndiaDHFL and Prudential Financial have agreed to form an asset management joint venture in India, wherein each company will own 50 per cent of ...