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Thursday, August 14, 2025
TopicDHFL

Topic: DHFL

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

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

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

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

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

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

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

The central bank superseded DHFL's board and placed the company under an administrator in the wake of governance issues and a severe liquidity crisis.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

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

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

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

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.