DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator

The Shanghai Stock Exchange in a statement said that Ant Group's listing on its STAR Market has been halted due to the company's inability to meet recent changes in the financial technology regulatory environment

Ant Group's co-founder Jack Ma and senior executives Eric Jing and Hu Xiaoming appeared before Chinese regulators in a rare joint meeting on Monday

According to banking sources, Religare Enterprises introduced a couple of investors interested in Religare Finvest Ltd to lenders in a meeting with bankers held recently

Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards

Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer

India Stock Market Highlights Today: On hopes of the US Govt to announce a stimulated package, global markets begun the new trading week with modest gains.

Lenders to once-a-billionaire Anil Ambani's Reliance Capital Limited (RCL) which recently defaulted on its debt repayments to debenture holders have reportedly appointed investment management firms to sell assets of the company

The Securities Issuance Committee of the board at its meeting held on Wednesday approved the floor price for the QIP at Rs 206.70 per equity share

The board meeting is being deferred due to the non-completion of the financial results' audit process, the company said in a late evening announcement to the stock market on Friday

The board of directors of the company approved issuance of non-convertible debentures to an extent of Rs 4,453.01 crore on private placement basis to Suzlon Global Services Limited, as part of restructuring of debts with the lenders

Selling of controlling stake in Future Retail to Mukesh Ambani's RIL is seen as biggest setback to Biyani, known as one of the best minds in retail business in India. But how did he come to this point?

Stocks to watch today on August 18: YES Bank, Bandhan Bank, SBI Card, Quess Corp, Indiabulls Real Estate among others are the top stocks to watch out for in Tuesday's trading session

Share market updates and analysis for July 15: RIL AGM, earnings announcements and global cues to set tone for stock markets

With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

Among the financial creditors, the country's largest lender, State Bank of India, including SBI Singapore, submitted the highest claim of Rs 10,082.90 crore

Third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process

Zee Entertainment share price lost 9.06% to Rs 312.50 on BSE after Subhash Chandra stepped as Chairman with immediate effect on Monday

DHFL share price was stuck in lower circuit of 5% today at Rs 18.45 compared to the previous close of Rs 19.40 valuing his current holding at Rs 14.24  crore. Rakesh Jhunjhunwala held 77.20 lakh or 2.46% in the firm at Rs 249.4 per share on December 31, 2018.

DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments