Dewan Housing Finance Corporation (DHFL) has raised about Rs 3,000 crore via securitization, multiple sources told CNBC-TV18 on Monday. Kapil Wadhawan, chairman and managing director of DHFL, spoke to CNBC-TV18 about the above development.

The total income increased by 60.02 percent to Rs 805.87 crore in the reported quarter as compared to Rs 502.88 crore in the year-ago period, it said in a regulatory filing.

The L&T Heavy Engineering, the heavy engineering arm of Larsen & Toubro, has secured additional orders worth 1,050 crore in the second quarter this fiscal.

As the government plans to resurrect the beleaguered Infrastructure Leasing & Financial Services (IL&FS), its newly-appointed board has made “considerable progress on resolving the crisis,” said a source familiar with the matter. Since its appointment on October 1, the new board has been trying to understand the magnitude of the liquidity crisis in IL&FS and other threats that the conglomerate is facing.