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Aircel

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Finance

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in...

Central bank sets up committee to review ARCs' role

Finance

Central bank sets up committee to review ARCs' role

The central bank has set up a six-member committee to review the working and business models of ...

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

General

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 ...

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

TMT

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 ...

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

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 ...

Stressed assets this week: Jet, Orchid Pharma and Aircel in focus

Healthcare

Stressed assets this week: Jet, Orchid Pharma and Aircel in focus

With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued ...

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

TMT

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 ...

NSE chairman Ashok Chawla resigns with immediate effect

People

NSE chairman Ashok Chawla resigns with immediate effect

Ashok Chawla has resigned as the chairman of the National Stock Exchange Of India (NSE) with ...

What are RCom's survival options after Aircel deal collapse?

TMT

What are RCom's survival options after Aircel deal collapse?

Anil Ambani-led Reliance Communications (RCom) had been hoping to pay some of its Rs 47,000 crore ...

RCom's big-ticket telecom merger with Aircel scrapped

TMT

RCom's big-ticket telecom merger with Aircel scrapped

Embattled telecom company Reliance Communications Ltd faced another setback on Sunday after a deal...