Arcil
Finance
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 ......
Finance
Why banks are slowing bad-loan sales to asset reconstruction companies
Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
Finance
ARCIL looks to beef up war chest for acquiring stressed assets
Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial ......
Manufacturing
SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units
Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500 crore ......
Finance
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans
Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more ......
Finance
US stressed assets firm picks up stake in ARCIL as sovereign wealth fund exits
Asset Reconstruction Company (India) Ltd (ARCIL) announced on Monday that it will sell a 27% stake to Avenue Capital, a ......
General
Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India
New York-based investment firm Avenue Capital Group is in advanced talks to invest about Rs 1,000 crore ($145 million) in ......