asset reconstruction company
Finance
ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt
Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......
Finance
DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund
Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Finance
UVARCL picks up 15% debt of engineering services firm from SBI
UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......
TMT
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz
Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......
Manufacturing
Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant
A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that owns a ......
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
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 ......