DHFL’s resolution plan ready for NCLT
Banks led by State Bank of India had finalised a resolution plan for DHFL when a court case scuttled it at the last moment. A revised plan is expected to be ready by Monday.
dhfl
November 2019
October 2019
July 2019
September 2018
Smallcase: A new way to invest
Smallcase Technologies is trying to ignite investor interest by offering an alternative to mutual funds. Its run has been good so far. Next? A million-strong investor base by March 2020.
The death of trust
India’s current slowdown is as much a result of the lack of trust between various stakeholders in society as the poor domestic and global economic conditions.
Short-term relief for NBFCs
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.
DHFL’s survival blues
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
DHFL: In search of a breather
DHFL, India’s second-largest housing finance company, has been living with rating downgrades and strategic divestments to overcome the liquidity crisis following the IL&FS saga.
Sea of red on Dalal Street, IL&FS on contagion fears
After last week’s bloodbath, the stock markets dropped over 600 points in trade on Monday.
IL&FS Financial Services’ top executive quits
Development comes hours after parent Infrastructure Leasing & Financial Services informed bourses about more defaults.
