Earlier this month, Dewan Housing Finance Corporation Ltd (DHFL) had received four bids for either picking up stake in the company or buying out assets

Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside 12.5 billion rupees in provisions for the loans to DHFL, which is in bankruptcy proceedings

The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea

Judge Briggs had reserved his judgment after hearing arguments from both sides in December last year over the loans to Mallya's now-defunct Kingfisher Airlines

Share Market Update: BSE 30-share S&P Sensex ended 152 points lower at 41,170 and NSE 50-share index Nifty50 closed 45 points lower at 12,080.

The deal has been done via Navi Technologies, formerly known as BAC Acquisitions which Sachin Bansal had founded along with IIT-Delhi batchmate Ankit Agarwal after selling his stake in Flipkart

Cyrus Mistry says not returning as Tata Sons chairman, will protect minority shareholders' rightsCyrus Mistry has said that he is not pursuing the position of Tata Sons' executive chairman, the office he was unceremoniously terminated from in October 2016, or directorship of any of the Tata group companies. He added that he will, however, \"vigorously pursue all options to protect our rights as a minority shareholder\". Mistry's statement on Sunday came in the backdrop of an NCLAT...

DHFL share price rose nearly 5% to Rs 16.90 in early trade compared to the previous close of Rs 16.10 on BSE

Share Market Update: Domestic indices followed global markets that traded in the negative on Monday amid escalation in tensions in the Middle East

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

Stocks in the news: Dr Reddy's Laboratories, RIL, Airtel, Vodafone, UCO Bank, Balmer Lawrie, DHFL India, Andhra Bank among others are the top stocks to watch out for Tuesday's trading session

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

Share Market LIVE: Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers in today's trade.

DHFL owes close to Rs 1 lakh crore to the system, mostly to banks and retail investors of its debt instruments

DHFL that had outstanding deposits of Rs 6,136 crore in June has seen its deposits reducing to Rs 5,232 crore as of September 2019

As per NHB guidelines, DHFL has invested close to Rs 700 crore in SLR securities, which are mainly bonds of state electricity distribution companies

The non-bank financing giant Dewan Housing Finance Corp Ltd (DHFL) will go into insolvency proceedings, the central bank said on Wednesday, making it the first financial institution to test the new laws

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June

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.

Draft report of the audit has been shared with members of DHFL's committee of creditors last week and will be presented to board of the mortgage lender once it is finalised