stressed assets
Finance
Big bad bank won't crowd out little guys: Experts
The bad bank or the government asset reconstruction company proposed earlier this month won’t crowd out private-sector ARCs...
Infrastructure
Adani completes purchase of stressed Dighi Port, earmarks investments
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Dighi Port Ltd for a consideration of ......
TMT
Private equity consortium takes scissors to agritech firm's debt
An asset reconstruction company (ARC), backed by Kotak Mahindra Group, has sold an agri biotech firm to a private equity ......
Finance
Former SBI chairman joins Kotak special situations fund as exclusive adviser
Rajnish Kumar, former chairman of State Bank of India (SBI), has joined Kotak Investment Advisors Limited (KIAL) as an exclusive...
Finance
We have seen normalcy return since December: Aswini Sahoo, Arcil
After a pause on bad loan purchases and recoveries during the pandemic, India’s oldest asset reconstruction company Arcil hopes to ......
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 give a close-cropped haircut...
Manufacturing
Bankrupt firm, once backed by Citi fund, finds suitors in Ravi Jhunjhunwala, others
A bankrupt textile firm, previously backed by Citigroup fund, has found two suitors including a group firm owned by businessman...
Finance
Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs
India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing...
Consumer
A unit of The Pioneer's publisher enters bankruptcy
A firm of The Pioneer group, which is owned by journalist Chandan Mitra and publishes The Pioneer newspaper, has entered ......
Finance
JC Flowers, Eight Capital to launch distressed fund backed by IFC
US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640...
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