FAQS

1. Which are the important milestones of the Wadhawan Group?

2. What is the net worth of DHFL to date?

Operating out of 170 offices across India, DHFL today has a total customer base of 1,20,000 and an asset base of USD 1.2 billion as on 31st March 2008

3. What is the network of various retail store brands under Wadhawan Retail?

- WFRPL has 191 stores including Spinach, Sab Ka Bazaar, The Home Store and Smart across India. The Food retail business has a total customer base of 10-12 lacs.

- First store of Spinach opened in Mumbai at Bandra Kurla Complex on 9th March 2006. Spinach has acquired 1.5 lacs Loyalty Card Holders within a year of the launch of the scheme.

- Sab ka Bazaar in Delhi was acquired by Wadhawan Retail on 26th June 2007.

- S*Mart of Bangalore was acquired by Wadhawan Retail on 6th September 2007 and renamed as Smart with a new logo.

- Wadhawan Retail acquired Sangam Direct from HUL on 1st April 2007.

4. When did Wadhawan Hospitality Private Limited open its first restaurant?

Aurus Fine Dining Restaurant) opened in December 2006. This world-class fine dining restaurant and lounge bar on the beachfront in Juhu, Mumbai is the Flagship of Dish Hospitality. Aurus is the Latin word for 'made of gold', embracing all things plush. The Aurus team of chefs is headed by Chef Vikas Seth, trained at the Culinary Institute of America in St. Helena and New York. Aurus, Mumbai's most impressive fine-dining restaurant, has quickly won the hearts of many critics, and has been awarded the 'The Best Resto-Bar ' by Times Good Food Guide for 2007.

5. What are the other restaurant brands under Wadhawan Hospitality Private Limited?

Sancho's (Mexican Specialty Restaurant) launched in Delhi on 17th July 2008. Sancho's is an upscale Mexican Casual Restaurant featuring fresh ingredients and wholesome made-to-order food. Unique and authentic Mexican entrées inspired from Texas and California. The ambience should cater to all family and youngsters during the day and a romantic/ let loose atmosphere in the evenings. The weekends are highlighted with live entertainment including Mariachi, flamenco and Salsa Dancers mixed with high energy Spanish DJ turns.

6. Which luxury brands have been brought in by the Wadhawan Group in the lifestyle sector?

Wadhawan Lifestyle Retail Pvt Ltd is the official licensee of Ed Hardy and Christian Audigier brands in India. The distribution license was acquired in December 2007. So far, WLRPL has launched its first store in Mumbai in December 2007. It launched its second outlet in Delhi in January 2008.  The second store in Delhi opened its doors in September 2008 while Mumbai saw its second Ed Hardy store at Vamas in November 2008.

7. Any strategic tie-ups to enhance consumer experience?

Punjab & Sind Bank and Dewan Housing Finance Corporation Limited (DHFL) join hands to do joint financing of small ticket house loans in a big way. This marks the first ever relationship of a public sector company with a private sector bank in India!

DHFL is the second largest housing finance company specializing in housing to lower income groups. P&SB, which has been rated as the best medium sector bank in the recent KPMG survey is positioning itself as a banker for SME & small borrowers. The MoU between P&SB and DHFL aims at providing an efficient delivery mechanism for housing finance to low income groups in Punjab, Haryana & Chandigarh.