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Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Finance

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big...

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Mumbai ARC, Singapore trader to acquire distressed steel maker

Finance

Mumbai ARC, Singapore trader to acquire distressed steel maker

A Mumbai-based asset reconstruction company (ARC) and a Singaporean commodity trader are all set to ...

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Reliance Home Finance gets only two binding bids from six suitors

Finance

Reliance Home Finance gets only two binding bids from six suitors

Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have ...

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PE-backed ARC among bidders for Anil Ambani's home finance arm

Finance

PE-backed ARC among bidders for Anil Ambani's home finance arm

Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for...