Dewan Housing Finance Corporation Ltd. News and Updates

Keep track of all breaking news on Dewan Housing Finance Corporation Ltd. from all sources in a single place.

15 Mar 2025

Court rejects chargesheet against Goenka, Balwa in Yes Bank-DHFL case

Business Standard

A special court here has declined to take cognisance of the CBI's supplementary chargesheet naming businessmen Vinod Goenka and Shahid Balwa as accused in the DHFL-Yes Bank fraud case, noting that allegations against them are not made out. The prosecution has claimed that between April and June 2018, Yes Bank invested about Rs 4,727 crore in the non-convertible debentures and Masala Bonds of Dewan Housing Finance Limited (DHFL) and sanctioned a Rs 750-crore term loan to a group company of the realtor. In return, Yes Bank's then-managing director and chief executive officer Rana Kapoor allegedly received kickbacks of Rs 600 crore from DHFL. Kapoor and DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan are among the several other accused in the case. The Central Bureau of Investigation (CBI) recently filed its fourth supplementary chargesheet in the case before the special court. Besides Goenka and Balwa, the probe agency has named 12 more persons, taking the tally of the

Dewan Housing Finance Corporation Ltd.

04 Mar 2025

Long-term investment in financial sector could yield strong returns: Neeraj Dewan

Economic Times

I feel that what happened in the budget also, so that will also help the auto companies going ahead. So, there is fear that duty cut will happen, there will be competition coming in from outside India, that may happen.

Dewan Housing Finance Corporation Ltd.

18 Feb 2025

Market volatility signals potential for stock-specific opportunities: Neeraj Dewan

Economic Times

The third quarter was disappointing, people expecting too much from the third quarter after the bad second quarter that we saw, but that expectation was fruitless because things did not really materialise as we were expecting.

Dewan Housing Finance Corporation Ltd.

23 Jan 2025

CBI Closes Case Against DHFL And Directors Over Alleged Fictitious Home Loan Accounts

NDTV Profit

After over three years of probe, the agency could not find evidence suggesting a criminal conspiracy which could have led to the creation of such accounts, they said.

'Fake' home loan accounts: CBI closes case against DHFL, its directors

Business Standard | 23 Jan 2025

Dewan Housing Finance Corporation Ltd.

18 Dec 2024

Piramal Capital & Housing Finance to sell Rs 550 cr of NPLs through auction

Business Standard

Of the Rs 550 crore of bad loans put up for sale by PCHFL, Rs 314 crore are unsecured loans, and Rs 236 crore are secured loans

Dewan Housing Finance Corporation Ltd.

10 Dec 2024

Betting on infrastructure stocks, not expecting much move in IT: Neeraj Dewan

Economic Times

Market expert Neeraj Dewan expresses optimism for the infrastructure sector, particularly in the latter half of the year. He anticipates improved company performance, increased government spending, and accelerated project execution. Dewan highlights L&T, road construction firms, bitumen suppliers, and the pipe sector as potential benefactors. He also discusses IT, tourism, and Agarwal Industrial Corporation as investment opportunities.

Dewan Housing Finance Corporation Ltd.

28 Nov 2024

Be picky to make money in pharma; Swiggy can be a good return generator after 2 years: Neeraj Dewan

Economic Times

Market expert Neeraj Dewan sees growth in pharma and auto sectors. He recommends stock-specific investments in pharma. Dewan favors Mahindra & Mahindra and Maruti in the auto segment. He further believes Zomato is currently performing well, while Swiggy shows long-term potential. Dewan suggests solar energy as a long-term investment theme.

Dewan Housing Finance Corporation Ltd.

17 Nov 2024

Piramal Capital seeking counterbids to sell Rs 702 cr of bad loans

Business Standard

Counterbids for the two pools of bad loans are being invited separately by the non-banking finance company, with the condition that all bids must be on a "full cash" basis

Dewan Housing Finance Corporation Ltd.

10 Oct 2024

DHFL bank fraud: SC asks CBI to file response on Nawandar's bail plea

Business Standard

The Supreme Court has directed the CBI to file its response on the bail plea filed by businessman Ajay Ramesh Nawandar in a Rs 34,615-crore bank fraud case involving Dewan Housing Finance Limited (DHFL). A bench of Justices Vikram Nath and Prasanna B Varale has extended the interim protection granted to Nawandar to remain in hospital till October 14. "In the meantime, the respondent is directed to get the petitioner's eyes tested from a senior consultant at the Dr Rajendra Prasad Centre for Ophthalmic Sciences, AIIMS, New Delhi, and submit a report before the court on the said date. "The respondent (CBI) will also file its counter-affidavit or obtain instructions as it may feel appropriate on the main petition seeking bail," the bench has said. The top court was hearing Nawandar's plea challenging a May 31 order of the Delhi High Court that dismissed his bail petition. The high court had noted that the CBI has taken a serious and consistent stand that the applicant is an influenti

Dewan Housing Finance Corporation Ltd.

04 Oct 2024

Piramal Capital and Housing Finance eyeing to double retail AUM in 3 years

Business Standard

To enter gold loans, microfinance loans, and co-branded card segment; Co. to tap the dollar bond market soon

We aim to raise 15,000 crore-20,000 crore in H2FY25: Piramal Capital MD

Business Line | 04 Oct 2024

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