JM Financial ARC
Finance
Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr
A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency tribunal ......
Finance
JM Financial Asset Reconstruction Company to exit another hotel asset
JM Financial Asset Reconstruction Company (ARC) is set to exit another hotel asset as the bankruptcy tribunal has okayed an ......
General
Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon
Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......
Finance
JM Financial injects fresh capital into asset reconstruction arm
JM Financial Asset Reconstruction Company Ltd has raised Rs 183.37 crore ($25.65 million) by allotting compulsory convertible debentures (CCDs) to ......
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 ......
General
Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's
Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider WeWork, ......
General
AION Capital to raise $1 bn fund; Adani Power eyes GMR's power project
Special situations private equity firm AION Capital Partners is raising over $1 billion for its second India-focussed fund, Mint reported ......
General
Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing
US-based private equity firm Advent International is set to acquire a majority stake in India’s largest PET maker, Manjushree Technopack, ......
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 ......
Infrastructure
JM Financial ARC to take majority stake in Hotel Leelaventure
The board of Hotel Leelaventure Ltd has approved a plan to transfer a majority stake to JM Financial Asset Reconstruction ......