Arcil

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Arcil backer Avenue Capital raises commitments for new Asia focused fund

Finance

18 May, 2021

Arcil backer Avenue Capital raises commitments for new Asia focused fund

New York-based investment firm Avenue Capital Group, an investor in Asset Reconstruction Company (India) Ltd or Arcil, is raising...

Finance

09 March, 2021

Avenue Capital-backed Arcil ropes in recently retired PSB head as chief

Asset Reconstruction Company (India) Ltd or Arcil, backed by US investor Avenue Capital, has appointed a former public sector...

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Finance

09 February, 2021

We have seen normalcy return since December: Aswini Sahoo, Arcil

After a pause on bad loan purchases and recoveries during the pandemic, India’s oldest asset reconstruction company Arcil hopes to ......

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Finance

21 December, 2020

Reliance Home Finance gets only two binding bids from six suitors

Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......

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Finance

17 December, 2020

PE-backed ARC among bidders for Anil Ambani's home finance arm

Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly...

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Finance

01 October, 2020

Top asset reconstruction firm dials headhunters to hire new chief

One of India’s oldest and topmost asset reconstruction companies (ARCs) has appointed a US-based headhunting firm to find...

General

14 August, 2020

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...

General

07 April, 2020

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

US-based private equity giants TPG Capital and KKR & Co. Inc. are running ahead in the race to acquire a ......

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Finance

03 April, 2020

Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

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