What the hell is going on with debt mutual funds?

I wrote this post with my thoughts on the whole Franklin India debt schemes fiasco. But since then, there’s been more action in debt funds. I still can’t get over the fact that these damn things are supposed to be boring. Debt is supposed to the thing that allows you to sleep at night peacefully,… Continue reading What the hell is going on with debt mutual funds?

Blackstone to acquire 70% in Aadhar housing from Wadhawan Global – parent company of DHFL

Oh, here’s some bit of good news for DHFL…finally! Private equity giant Blackstone looks set to acquire Wadhawan Global’s 70% stake in Aadhar Housing. DHFL which owns 9.15% in the company will also offload its stake. ET is pegging the deal at Rs 2700 cr. Also, check this Tweet out by Andy Mukherjee:  Will be… Continue reading Blackstone to acquire 70% in Aadhar housing from Wadhawan Global – parent company of DHFL