Edelweiss ARC
Finance
RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations
The Reserve Bank of India on Wednesday directed Edelweiss Asset Reconstruction Company Limited to stop the acquisition ......
General
Grapevine: Sony may call off India unit merger with Zee; IndoStar sells stressed asset portfolio
Japanese media major Sony may call of the merger of its India unit with homegrown media conglomerate Zee Entertainment ......
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...
Finance
CDPQ becomes 20% equity owner in Edelweiss ARC
CDPQ Private Equity Asia has picked up a 20% equity stake in Edelweiss Asset Reconstruction Company Ltd (EARC), Edelweiss said...
Consumer
Edelweiss ARC completes acquisition of 10% stake in Tilaknagar Industries
Edelweiss Asset Reconstruction Company Ltd has completed its acquisition of a minority stake in Tilaknagar Industries Ltd as part...
Finance
NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy
The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss Assets Reconstruction Company Ltd...
Finance
CDPQ says it takes allegations against Edelweiss seriously
Canadian pension fund CDPQ said it is taking "seriously" allegations against Edelweiss Group, in which it is an investor. Last...
Finance
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries...
Manufacturing
ARC prepares to swoop in on steel firm even as lenders near one-time settlement
A top asset reconstruction company (ARC) is circling a steel maker even as lenders near a one-time settlement (OTS) with ......
General
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...
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