DHFL shares rallied nearly 18 per cent in intra-day trade to Rs 61.80 apiece on the BSE, after slipping nearly 4 per cent in early deals, amid hopes of receiving lenders' approval on the final resolution plan

The shortage of funds is threatening key sectors of the economy. What the government needs to do to fix it

In absolute terms, the total exposure is Rs 140 crore in two funds. In the first case, it is Rs 40 crore out of a fund size of Rs 5,500 crore, and Rs 100 crore in another fund of Rs 4,000 crore

These firms have seen their financial condition deteriorate due to a host of factors in the last one year and left investors shocked by their sudden beating on the bourses.

DHFL share price ended 11% higher at 56.20 today compared to the previous close of 50.60 on BSE. It was the top gainer on BSE.

Deloitte Haskins and Chaturvedi & Shah have sought more information from the company on its financials under Section 143 of the Companies Act, 2013

According to DHFL, the property finance firm has cleared significant amount of obligation to the tune of Rs 418 billion since September 2018

The auditors recently noted that the company's ability to raise funds has substantially impaired and the business has come to a standstill because of challenges in fresh disbursements

DHFL share price fell 30% to 48.15 on BSE amid intense selling pressure. There were only sellers but no buyers for the stock.

DHFL share price hit lower circuit of 9.93% to 61.65 in early trade today valuing his holding at Rs 61.65 crore. Total value of his stake at the end of March quarter stood at Rs 150.5 crore.

The deferred financial results were released after a board meeting. The embattled DHFL had postponed the board meeting to discuss annual results twice over questions raised by auditors

This was decided at a meeting on Thursday by the lenders of DHFL and Non-Convertible Debenture (NCD) holders, who met to take a decision on a resolution roadmap for the beleaguered company's outstanding loans.

DHFL crisis: The auditors' decision to resign ahead of the board meeting follows unsatisfactory reply to their requests pertaining to fund deployment by DHFL.

Of late, stocks of some well known firms have not been able to deliver such handsome returns to their investors. In fact, they have moved south due to several factors affecting the company business and the subsequent worsening of financial position of their respective companies

Dewan Housing Finance share price rose up to 6.91% to Rs 80.50 compared to the previous close of 75.30 on BSE. Dewan Housing Finance share price has been gaining for the last three days and has risen 10.26% during the period.

. Dewan Housing Finance Corporation share price fell to 74.65 level, down 8.63% intra day.

Union Housing Minister Hardeep Singh Puri said that he was confident that sanction for almost all required number of houses would be received by the first quarter of next year and the construction work would be completed by the end of the year.

Dewan Housing Finance share price fell 8.88% to 68.70 level compared to previous close of 75.40 on BSE. Dewan Housing Finance share price has been losing for the last 2 days and fallen 8.57% in the period.

Private equity players Blackstone Group, Warburg Pincus and Apax Partners are seeking more details of Yes Bank's exposure to stressed loan accounts before committing to an equity infusion, which could delay the bank's fundraising plans

The new directions come at a time when the country is reeling under several debt defaults and rating downgrades