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Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

Finance

28 August, 2020

Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

General

26 August, 2020

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

Pacific Alliance Group (PAG), the world’s largest Asia-focused alternative asset management company, is looking to acquire a majority stake in ......

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 ......

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

General

15 January, 2020

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom Ltd with ......

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Adani to get another chance for Dighi Port as JNPT withdraws bid

Infrastructure

04 July, 2019

Adani to get another chance for Dighi Port as JNPT withdraws bid

State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court ......

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UV ARC acquires cement maker's debt to expand mid-market operations

Manufacturing

01 July, 2019

UV ARC acquires cement maker's debt to expand mid-market operations

UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......

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UV ARC set to float maiden distressed assets fund

Finance

16 April, 2019

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 ......