Phoenix ARC expects activity to pick up in Jan-March: Chief exec

Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The asset reconstruction company (ARC) posted a net profit of Rs 15.7 crore on an income of Rs 79 crore for the half-year-ended September as against a profit of Rs 77 ......