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Thursday, September 4, 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The central bank superseded DHFL's board and placed the company under an administrator in the wake of governance issues and a severe liquidity crisis.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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On Camera

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Opinion

Army wives fight a silent battle. Don’t abuse them for seeking small joys

ThePrint Subscriber -
The next time you see a post featuring a sari-clad woman at a party or a travel reel from an unknown location, ask yourself — how does her joy threaten yours?

Counter-insurgency is Indian military’s reality. Op Sindoor was brief flash in combat spectrum

Superman Modi to superpower meeting — Indian TV anchors script a Tianjin blockbuster

Economy

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Sampurna Panigrahi -
Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Defence

HAL team to visit US this month for talks on joint production of GE 414 engines

Snehesh Alex Philip -
The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

National Interest

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

Shekhar Gupta -
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.

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