UV ARC
Finance
Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away
US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea Financial - ......
TMT
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz
Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......
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
Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event
As lenders urge the government for a bad bank anticipating a further surge in soured debt due to coronavirus, asset ......
Finance
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal ......
TMT
Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks
The National Company Law Tribunal (NCLT) has approved the insolvency resolution plan of UV Asset Reconstruction Company Ltd to acquire ......
Finance
UV ARC set to float maiden distressed assets fund
UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......
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