ARC

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Infrastructure

12 April, 2021

Blackstone-backed IARC aims to yank a road out of bankruptcy

International Asset Reconstruction Company (IARC), backed by Blackstone, is set to acquire a southern toll road asset under the bankruptcy ......

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Finance

18 February, 2021

Big bad bank won't crowd out little guys: Experts

The bad bank or the government asset reconstruction company proposed earlier this month won’t crowd out private-sector ARCs in India, ......

Finance

01 February, 2021

Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs

India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing ......

Finance

27 January, 2021

JC Flowers, Eight Capital to launch distressed fund backed by IFC

US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640 ......

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Finance

13 January, 2021

ACRE signs on former RBL exec as CEO

Assets Care & Reconstruction Enterprise Ltd, backed by Asia-focused Ares SSG (previously known as SSG Capital), has roped in a ......

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Manufacturing

06 January, 2021

TCG gets court nod to acquire bankrupt textile co

Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......

General

23 September, 2020

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......

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Finance

06 August, 2020

Bad bank will negatively affect private-sector players: Panellists at VCCircle event

A proposed state-owned “bad bank” may offer immediate help but could harm private-sector players in the medium to long term, ......

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Consumer

30 July, 2020

Omkara ARC seals another stressed assets deal

Omkara Assets Reconstruction Pvt. Ltd has closed a debt deal down south in another stressed assets transaction signed in the ......

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People

03 March, 2020

Blackstone's India bad loan arm plans to expand leadership team

Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......