New Delhi, Aug. 21 -- Every once in a while, a well-established but currently struggling corporate giant is deemed too big to fail. But history shows there is no such thing. Several companies that had entrenched themselves deeply in their industries and had deep pockets and larger-than-life reputations are nowhere to be found now.

This Profit Pulse article zooms in on three business giants that have devolved into near-oblivion, and the cautionary tales they offer for investors.

DHFL's former chairman and promoter Kapil Wadhawan was recently declared bankrupt after he failed to honour personal guarantees for loans taken for the housing finance company. Wadhawan and his brother Dheeraj Wadhawan, ex-director of DHFL, are also barred from t...