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Edelweiss ARC to pick up stake in liquor maker in debt recast move

Consumer

17 November, 2020

Edelweiss ARC to pick up stake in liquor maker in debt recast move

Edelweiss Asset Reconstruction Company Ltd will pick up a minority stake in a publicly listed liquor company as part of ......

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CDPQ to pare stake in financial services firm in second India exit deal

Finance

07 July, 2020

CDPQ to pare stake in financial services firm in second India exit deal

Caisse de depot et placement du Quebec (CDPQ), Canada’s second-biggest public pension fund, is set to make a partial exit ......

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JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm

Manufacturing

09 March, 2020

JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm

Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

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ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Finance

22 April, 2019

ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......

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Debt-laden Garden Silk may draw interest from asset reconstruction firm

Manufacturing

12 March, 2019

Debt-laden Garden Silk may draw interest from asset reconstruction firm

Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......

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Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

Finance

01 August, 2018

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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General Atlantic-backed logistics firm faces liquidation for loan default

Infrastructure

02 May, 2017

General Atlantic-backed logistics firm faces liquidation for loan default

In a major blow to Mumbai-based Fourcee Infrastructure Equipments Pvt Ltd, the Bombay High Court has directed an official liquidator ......