NBFCs Add Risk To Slowing Economy
Banks are significantly upping lending to risky NBFCs, forcing RBI to sound an alarm
Banks are significantly upping lending to risky NBFCs, forcing RBI to sound an alarm
Probe pertains to allegations that Kapil Wadhawan, along with other promoters of DHFL, "misrepresented and misled" shareholders
CBI has named Kapil and Dheeraj Wadhawan of DHFL, Sudhakar Shetty and his realty firm, eight other real estate companies, and others in the FIR as accused.
The sexagenarian is a towering figure in corporate law. In her illustrious career, she has worked with most Indian corporate behemoths, including RIL and Tata Group.
Restructuring to simplify corporate structure, create two separate listed entities.
Post-merger, Piramal Capital is looking at five times jump in the retail portfolio.
The acquisition—which entails PCHFL’s merger with DHFL—will create one of the largest affordable housing finance companies in India.
Billionaire industrialist Ajay Piramal is in makeover mode. He wants to remould his conglomerate into a well-diversified NBFC and a pharma firm, which would both be giants in their respective spaces.
Lenders decide to pay FD depositors holding up to ₹2 lakh the full amount while other depositors will face the distribution mechanism.
The tycoon has finally won DHFL in a bruising bidding war. Here's Fortune India's earlier story explaining why the ailing home finance company is critical to his plans.