Country's oldest asset reconstruction company Arcil has blamed an "overheated market" for its slow pace of snapping up bad assets in recent years, but asserted that it will regain its past eminence by focusing on mid-cap deals and undertake a ... The Echo Of India, 2 weeks ago
PTI - ARCIL 2 LAST(dcm29) - Namibia Press Agency, 2 weeks ago
Arcil targets comeback through mid-cap deals, fundraising - Times of India, 2 weeks ago
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Does asset reconstruction of sick cos work? It has at Sakthi Sugars says Arcil. Here's how it happened
Arcil, the country's oldest asset reconstruction company (ARC), bought 50% of Rs 1,100 crore loan that the sugar company had taken from five banks led by Bank of India and its internal teams started working on the restructuring from 2014. (Reuters) ...Financial Express, 2 weeks ago Post biz recast, Sakthi Sugars out of woods, says Arcil New Indian Express, 2 weeks ago Arcil says Sakthi Sugars out of the woods post business recast Times of India, 2 weeks ago Sakthi Sugars out of woods post business recast:Arcil Yahoo! India, 2 weeks ago
Says there’s no money locally; NPAs seen surging to ₹10-lakh croreBusiness Line, 3 weeks ago IT WILL BE FOREIGN FUNDS ALL THE WAY TO BUY BANK BAD LOANS: ARCIL CEO 4 Traders, 2 weeks ago
Sakthi Sugars Ltd Monday informed BSE that it is planning to issue equity shares worth Rs 61.12 crore to Asset Reconstruction Company Limited (Arcil), on preferential issue basis.In an announcement to BSE, the company said its Board of Directors ...Smart Investor, 4 weeks ago Co's net worth to grow Rs 160 cr post loan restructure: Sakthi Moneycontrol.com, 1 month ago
With stress in corporate India showing no signs of letting up, the Reserve Bank of India (RBI) has received a bunch of applications for licences to set up asset reconstruction companies (ARCs). Multiple sources confirmed to FE that Piramal ...Yahoo! India, 5 days ago Rising stressed assets spark interest in asset reconstructioncompanies Yahoo! India, 5 days ago
Disinvestment of the government's stake in IDBI Bank could happen via qualified institutional placement (QIP) with strategic investors, said top bank officials. Though the government-owned bank had embarked on overseas road shows in January 2016 ...Hindu Business Line, 1 week ago IDBI Bank sells stake in NSE Banking Frontiers, 1 month ago
Sakthi Sugars announced that the Board of Directors of the Company at its meeting held on 02 May 2016, have, subject to the approval of the members, inter alia, approved - a. Issue of 2,26,35,757 equity shares of Rs. 10 each, at a price of Rs.HDFC Securities, 3 weeks ago Sakthi Sugars Ltd calls for Board Meeting on May 02, 2016 Equity Bulls, 1 month ago Sakthi Sugars board meeting on May 02, 2016 Money Control, 1 month ago
Here are stocks that are in news today : Auto Sales April Auto Sales: TVS Motor : Total Sales Up 16 percent At 2.27 Lakh Units (YoY) Total Sales Up 16 percent At 2.27 Lakh Units Vs 1.95 Lakh (YoY) Exports Down12.6 percent At 28,354 Units Vs ...Moneycontrol.com, 3 weeks ago
Sensing opportunity in India's mounting stressed assets, which stand at around Rs 8 lakh crore, many companies have evinced interest in the asset reconstruction business. However, it would be a major challenge for those who have floated special ...DNA India, 1 month ago
NEW DELHI: The finance ministry is mounting pressure on public sector banks (PSBs) to divest their holdings in non-core assets as it wants the lenders to raise resources internally to meet their capital requirements. The country's largest bank, ...Economic Times, 2 months ago
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