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JM Financial ARC

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Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

Finance

29 November, 2021

Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency tribunal ......

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JM Financial Asset Reconstruction Company to exit another hotel asset

Finance

26 May, 2021

JM Financial Asset Reconstruction Company to exit another hotel asset

JM Financial Asset Reconstruction Company (ARC) is set to exit another hotel asset as the bankruptcy tribunal has okayed an ......

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

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 by Bank of ......

JM Financial injects fresh capital into asset reconstruction arm

Finance

12 September, 2019

JM Financial injects fresh capital into asset reconstruction arm

JM Financial Asset Reconstruction Company Ltd has raised Rs 183.37 crore ($25.65 million) by allotting compulsory convertible debentures (CCDs) to ......

Premium
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

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 ......

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

General

03 September, 2018

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider WeWork, ......

AION Capital to raise $1 bn fund; Adani Power eyes GMR's power project

General

28 August, 2018

AION Capital to raise $1 bn fund; Adani Power eyes GMR's power project

Special situations private equity firm AION Capital Partners is raising over $1 billion for its second India-focussed fund, Mint reported ......

Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing

General

23 August, 2018

Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing

US-based private equity firm Advent International is set to acquire a majority stake in India’s largest PET maker, Manjushree Technopack, ......

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

General

25 July, 2018

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

Blackstone, KKR, JM Financial Asset Reconstruction Company and Edelweiss Asset Reconstruction Company have bid for bankrupt Hyderabad-based Golden Jubilee Hotels ......

JM Financial ARC to take majority stake in Hotel Leelaventure

Infrastructure

12 June, 2018

JM Financial ARC to take majority stake in Hotel Leelaventure

The board of Hotel Leelaventure Ltd has approved a plan to transfer a majority stake to JM Financial Asset Reconstruction ......