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UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders

TMT

19 June, 2020

UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders

UV Asset Reconstruction Company Ltd plans to resume certain operations of Aircel Ltd and sell several assets, as it aims ......

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

TMT

10 June, 2020

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 ......

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Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

TMT

01 March, 2019

Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development ......