Arcil hires Edelweiss exec as chief investment officer

Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset purchases. Arcil, which is backed by US-based investor Avenue Capital, said in a statement that it has appointed Aswini Sahoo as its chief investment officer. Sahoo will be responsible for boosting asset acquisition ......