Star Thermal promoters are natives of Tamil Nadu; they were partners in a Dubai-based $6 billion conglomerate involved in execution of various infrastructure projects, especially in power generation, transmission and distribution

Sectorally, all the other indices ended with major losses. PSU Bank, private and financial indices declined around 4-5% today

Share market losers today: 5 stocks that fell the most on 26 February: ONGC, M&M, Axis Bank, Bajaj Finserv, Kotak Bank traded as the top losers on BSE and NSE

Although the stock price has risen over 4.5% in the last week, it has fallen 23% in one month, 33% since the beginning of the year

The shares of the private lender have fallen 1.56 per cent in one week, 3 per cent in a month. Year-to-date, the stock is down 11 per cent and 56 per cent in one year

While Sensex crashed 1,848 points to 49,191, Nifty slipped 543 points to 14,554. On Thursday, Sensex ended 257 points higher at 50,039 and Nifty gained 115 points to 15,097

RailTel share listed at Rs 109 per share against the IPO issue price of Rs 94 on NSE

Stocks to watch today on February 26: RailTel, Bharti Airtel, Infosys, HCL Tech, SBI, Ashok Leyland, DHFL among others are the top stocks to watch out for in Friday's trading session

Stock Market News Updates Today: Sectorally, all the other indices were trading with major losses. PSU Bank, private and financial indices declined around 4-5% today

In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings

The legal issue arose during the hearing of an Enforcement Directorate appeal against a Bombay High Court order granting bail to former DHFL promoters, Kapil Wadhawan and Dheeraj Wadhawan, in a Yes Bank money laundering case being probed by the agency

The Dakshina Kannada authorities sealed all borders from Monday except four to cross over

The administrator of the company received an initial report from the professional agency appointed as the transaction auditor indicating that there are certain transactions which are undervalued, fraudulent and preferential in nature, DHFL said in a regulatory filing

DHFL stock rose 4.99% to Rs 18.95 on BSE. Market cap of the firm stood at Rs 594 crore. DHFL share has gained 32.98% in the last 6 days

Stock Market News Updates Today: Bajaj Finserv, IndusInd Bank, RIL, Kotak Bank were among the top gainers today, while NTPC, PowerGrid, Asian Paints, ICICI Bank, Tata Motors were among the top losers

Debt-ridden DHFL's Committee of Creditors (CoC) had in January approved the resolution plan submitted by Piramal Capital for the company.

Crisis-ridden DHFL said during this quarter, additional transaction amounting to Rs 1,039.84 crore has been identified and reported by the company to stock exchanges and National Housing Bank (NHB)

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

Kamal Gupta, Chairman of Omkar Realtors and Developers, and Babulal Verma, Managing Director of the firm, have been arrested in connection with the alleged Rs 22,000 crore Slum Rehabilitation Authority (SRA) scam case

Aadhar Housing Finance will use proceeds from the fresh issue to boost its capital base. The company's capital to risk (weighted) assets ratio was 47.84% as of Sept. 30, 2020