Central Bank of India

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Finance

24 December, 2020

Centrum arm strikes first takeover after getting Morgan Stanley PE's backing

A subsidiary of financial services company Centrum Capital Ltd has inked a deal to acquire a majority stake in the ......

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TMT

09 June, 2020

TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law

A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......

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Manufacturing

01 July, 2019

UV ARC acquires cement maker's debt to expand mid-market operations

UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......

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Finance

19 March, 2019

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 ......