Avenue Capital
Finance
Avenue Capital hikes stake in Mumbai-based ARC
US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (Arcil) from public sector lender IDBI Bank, ......
Finance
ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt
Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......
Finance
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 its ......
Finance
US stressed assets firm Avenue Capital partners SpiceJet over aircraft
SpiceJet, India’s second-largest airline by passengers, has announced a tie-up with US investor Avenue Capital for financing, acquisition, sale and ......
Finance
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 bank ......
General
Grapevine: Byju's nears deal for Toppr; Consortium to buy Reliance Home Finance assets
Byju’s, the edtech unicorn backed by several marquee domestic and international investors, is nearing a deal to acquire early- and ......
Infrastructure
Green energy firms, ARC in race to buy PE-backed ReGen Powertech's insolvent arm
A bunch of renewable energy developers and asset reconstruction companies have shown interest in acquiring a bankrupt arm of Everstone ......
Finance
Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......
Finance
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 ......
Finance
Arcil hires Edelweiss exec as chief investment officer
Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset purchases. Arcil, which ......