IARC
Infrastructure
Blackstone ARC defaults on resolution plan for road asset, could face action
Blackstone-backed International Asset Reconstruction Company (IARC) has opted out of its resolution plan for a southern stressed toll road asset, ......
Finance
Blackstone-backed IARC's chief Anurag Das quits before end of term
Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive officer (CEO), two people ......
Infrastructure
Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race
Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......
Infrastructure
Blackstone-backed IARC aims to yank a road out of bankruptcy
International Asset Reconstruction Company (IARC), backed by Blackstone, is set to acquire a southern toll road asset under the bankruptcy ......
Infrastructure
Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL
A diversified conglomerate, an asset reconstruction company and a real estate developer have been shortlisted from six suitors for Housing ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Finance
Four years and counting: For KKR, India's stressed assets remain a bridge too far
In an interaction with journalists on Wednesday, Henry Kravis highlighted the investment opportunity arising from stressed assets in India. In ......
Finance
KKR to reapply for ARC licence in India after global rejig
Global alternative asset manager KKR & Co will have to reapply for a licence to operate an asset reconstruction company ......
Finance
Blackstone enters Indian stressed assets biz, buys stake in ARC
US private equity firm Blackstone Group LP has set its foot in India’s distressed asset space with a majority stake ......
General
Future Group in talks to buy HyperCity; Blackstone Group eyes stake in IARC
Kishore Biyani-led Future Group is in talks to buy retail supermarket HyperCity Retail India Ltd, a report in a financial ......