asset reconstruction company
Finance
NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy
The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss Assets Reconstruction Company Ltd (ARC) ......
Infrastructure
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 ......
Finance
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
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 ......
Finance
Indiabulls group looks to sell ARC arm as pandemic bites
Indiabulls group has decided to put up its four-year-old asset reconstruction company (ARC) for sale as it looks to exit ......
Finance
HDFC to pick up 20% stake in Mumbai ARC
India’s largest private-sector mortgage lender HDFC Ltd is set to foray into the asset reconstruction business as it has announced ......
General
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 ......
Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......
Finance
KKR puts India ARC plans on the backburner, CEO pick quits
Global private equity firm KKR & Co. appears to have shelved its plan to operate an asset reconstruction company in ......
Consumer
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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