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Assets Care & Reconstruction Enterprise

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

Manufacturing

21 March, 2022

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

A joint consortium of Mukesh Ambani-owned Reliance Industries (RIL) along with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd has received ......

Premium
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

Manufacturing

27 August, 2021

Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

30 April, 2021

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......

Bank of America seals its biggest distressed asset deal in India

Finance

20 March, 2019

Bank of America seals its biggest distressed asset deal in India

Bank of America has sealed its biggest deal in India's stressed assets segment, with the investment banking giant buying bad ......