Edelweiss ARC
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze optimum value ......
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
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
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
Finance
Edelweiss ARC ups target for snapping up stressed loans
The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current ......
Finance
Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal
The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction Co. Ltd has ......
General
Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC
Blackstone, KKR, JM Financial Asset Reconstruction Company and Edelweiss Asset Reconstruction Company have bid for bankrupt Hyderabad-based Golden Jubilee Hotels ......
General
Resurgent PE in race for Avantha asset; four suitors for Essel's transmission biz
Essel Infraprojects has shortlisted Tata Power, Sterlite Power, CLP India and Edelweiss Financial Services to sell its power transmission projects, ......
General
Dalmia Bharat on track to buy Kalyanpur Cements; ADIA may open India office
Dalmia Bharat Ltd is on course to acquire and revive fellow cement maker Kalyanpur Cements Ltd after lenders approved its ......
General
Canadian fund CDPQ joins hands with Edelweiss to invest $750 mn in stressed assets
Caisse de dépôt et placement du Québec (CDPQ), North America’s largest pension fund manager, has signed an agreement with Edelweiss ......