Edelweiss ARC
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
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 ......
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze...
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
Finance
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans
Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks...
Finance
Edelweiss ARC ups target for snapping up stressed loans
The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current...
Finance
Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal
The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction Co. Ltd has ......
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