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Tuesday, September 30, 2025
TopicDHFL

Topic: DHFL

Case against DHFL’s Wadhawans & 21 others for violating lockdown to travel outside state

PTI -
The Wadhawans and others were detained by civic officials Thursday for travelling from Khandala to Mahabaleshwar despite Pune and Satara districts being sealed.

IPS officer sent on compulsory leave over DHFL promoters’ travel during Covid-19 lockdown

PTI -
The Maharashtra bureaucrat had issued a letter exempting DHFL's Wadhawans from the Covid-19 lockdown norms citing a family emergency.

‘Health is priority’ — DHFL promoters cite coronavirus to avoid facing ED in Yes Bank case

Ananya Bhardwaj -
In their replies to summons issued by ED, both Dheeraj Wadhawan and Kapil Wadhawan have said they have “nothing more to say” in the Yes Bank case.

CBI searches 7 locations after booking Rana Kapoor’s family in Rs 600 cr bribery case

PTI -
CBI alleged that Rana Kapoor along with DHFL's Kapil Wadhawan are guilty of round-tripping funds that benefited companies owned by Kapoor's daughters.

ED arrests Dewan Housing CMD Kapil Wadhwan in Iqbal Mirchi money laundering case

PTI -
Kapil Wadhwan, CMD of Dewan Housing Finance Ltd, was produced before the designated PMLA court Monday, which remanded him in ED custody till 29 January.

Company law tribunal admits RBI plea to begin bankruptcy proceedings against DHFL

PTI -
The debt-ridden DHFL owes Rs 92,715.45 crore to the RBI, and is set to be the first financial services firm to be resolved through the bankruptcy code.

RBI forms 3-member panel to advise DHFL administrator

PTI -
The central bank superseded DHFL's board and placed the company under an administrator in the wake of governance issues and a severe liquidity crisis.

RBI takes control of troubled Dewan Housing board, appoints administrator

PTI -
The govt last week empowered the RBI to refer stressed NBFCs and HFCs with assets worth at least Rs 500 crore, such as the DHFL, to insolvency court.

Credit rating companies are still missing big defaults by Indian firms

Rahul Satija -
Defaults at DHFL, Cox & Kings and Altico Capital have occurred even as their long-term ratings indicated very low to moderate risk of non-payment.

Now NBFCs are dreading bankruptcies in the real estate sector

Andy Mukherjee -
Blinded by falling funding costs, NBFCs raised their exposure to property firms by 46% over 3 years even as banks have been extremely cautious.
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Opinion

Don’t let Brazil become ‘Saudi Arabia of sugar’. India must lower costs, modernise mills

Bidisha Bhattacharya -
India’s recent shortfall in sugar exports shows a gradual decline in its competitive edge and a steady consolidation of Brazil’s market dominance.

Viksit Bharat 2047 — the state as platform, the civil servant as builder

Bodoland poll loss a wake-up call for Assam BJP. Zubeen’s death puts CM Sarma in a tight spot

+TFP

Economy

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

Sampurna Panigrahi -
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Defence

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

+TFP Debdutta Chakraborty -
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

National Interest

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

Shekhar Gupta -
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.

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