In a shocking abuse of power, 23 people including members of the Wadhawan family, including Kapil and Dheeraj Wadhawan, who are under investigation for multi-crore fraud, underworld connections and more were allowed to travel to Mahabaleshwar through a special, but completely irregular and...
The Enforcement Directorate (ED) arrested Kapil Wadhawan, chairman and managing director of Dewan Housing Finance Ltd (DHFL), in connection with its probe in money laundering against underworld don Dawood Ibrahim's close aide and dead gangster Iqbal Mirchi and others. Mr Wadhawan was named as...
The National Company Law Tribunal's (NCLT) Mumbai bench on Monday admitted the RBI's application for the initiation of insolvency proceedings against the cash-strapped Dewan Housing Finance Corporation Ltd (DHFL).   The Reserve Bank of India had on Friday filed an application in the...

Today the Lok Sabha was informed that the Ministry of Corporate Affairs has finished conducting an inspection of DHFL and has submitted the inspection report to the Finance Ministry. As per the submitted report, DHFL has a total loan portfolio of Rs 95,615 crore.   In a statement, the...
The Reserve Bank of India (RBI) on Friday constituted a three-member advisory committee to assist the administrator of Dewan Housing Finance Corporation Ltd (DHFL). The members on the advisory panel are Dr Rajiv Lall, non-executive chairman of IDFC First Bank Ltd, NS Kannan, managing director...

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