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Prudent ARC set to raise fresh capital for its AIF

Finance

17 August, 2021

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 ......

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Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets

Finance

24 April, 2020

Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets

New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

General

16 March, 2020

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 ......

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

General

10 February, 2020

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

Mahindra Electric Mobility, after announcing that it would look for a private equity investor or a strategic investor to scale ......

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

15 June, 2018

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the National Company Law ......

IDFC Alternatives to buy three solar projects from Punj Lloyd

Infrastructure

24 October, 2016

IDFC Alternatives to buy three solar projects from Punj Lloyd

IDFC Alternatives, the asset management arm of infrastructure-focused lender IDFC Ltd, is buying three solar projects in Punjab and Rajasthan ......

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MRO firm Air Works in funding talks; some PE investors to exit

Infrastructure

25 July, 2016

MRO firm Air Works in funding talks; some PE investors to exit

Aviation maintenance, repair and overhaul (MRO) services provider Air Works India Engineering Pvt. Ltd is in talks with select strategic ......