Edelweiss Asset Reconstruction Company Ltd
Finance
CDPQ-backed Edelweiss ARC appoints insider as interim MD and CEO
Edelweiss Asset Reconstruction Company said Wednesday it has received the Reserve Bank of India's (RBI) approval to appoint Mythili Balasubramanian ......
Consumer
Edelweiss ARC to pick up stake in liquor maker in debt recast move
Edelweiss Asset Reconstruction Company Ltd will pick up a minority stake in a publicly listed liquor company as part of ......
Finance
CDPQ to pare stake in financial services firm in second India exit deal
Caisse de depot et placement du Quebec (CDPQ), Canada’s second-biggest public pension fund, is set to make a partial exit ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
How RBI's new norms for ARCs may affect the bad-loan market
The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......
Finance
ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans
Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
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
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
Nirma may buy US firm; AION eyes Alok Industries; Warburg, KKR seek Air India details
Detergent maker Nirma Ltd has emerged as a key contender to acquire US-based Tronox Alkali for $1.5-2 billion, The Economic ......
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