
Nirmala Sitharaman’s announcement for housing: AIF for NPA-tagged projects is a great idea, but devil is in the detail
The big relief to the home buyers and developers in Sitharaman�s announcement is that the fund can be availed by even those projects that are tagged as NPAs by banks

Govt orders SFIO probe against crisis-hit DHFL after finding instances of suspected fund diversions
The government has ordered an SFIO probe into alleged financial irregularities at mortgage lender DHFL after finding instances of suspected fund diversions, according to a source

Vijay Mallya fumes at Sebi ban order; calls allegations of fund diversion a 'joke'
Vijay Mallya alleged that there is a witch-hunt against him by the government.

Sebi bars Vijay Mallya from trading in securities market, co-directorship
The markets regulator also said the “aspect of change in control of USL” that followed the agreement between Diageo and Mallya is being examined separately.