Prudent ARC
Finance
Prudent ARC set to raise fresh capital for its AIF
New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme ......
Manufacturing
Nithia Capital, Prudent ARC, and 10 strategic players circle bankrupt steelmaker
Nithia Capital Resources Advisors LLP, Prudent ARC, Orissa Metaliks and other metal and steel firms are among 12 bidders for ......
Infrastructure
Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race
Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......
Infrastructure
Chennai consultancy gets greenlight to rescue power plant in Rajasthan
The bankruptcy tribunal has okayed a Chennai consultancy’s plan to rescue a power plant based in the Bikaner district. Refex Industries’ ......
Finance
Delhi based ARC raises most of targeted corpus for debut fund; invests in bankrupt power co
A New Delhi based asset reconstruction company (ARC) has raised the majority of targeted commitments for its debut fund from ......
General
Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale
Prudent ARC and a US-based fund backed by a group of engineering companies have joined the race for Punj Lloyd ......
Infrastructure
Hinduja Group loses interest in Jet Airways but two suitors still in fray
UK-based Hinduja Group did not submit its interest for Jet Airways Ltd by the Wednesday deadline, a lender that is ......
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