Adopts aggressive payments strategyMumbai 04 JulyIn an aggressive pricing strategy, JM Financial Asset Reconstruction Company has paid Rs 846 crore, over 20 per cent of total purchase value, upfront to acquire loans to Hotel Leelaventure Ltd from ... Business Standard, 3 weeks ago
Leela lenders sell Rs 3,880 cr loans to JM Financial - Business Standard, 3 weeks ago
1 images for "reconstruction of financial assets"
Earlier this month, a consortium of its 14 lenders, sold loans worth around Rs 3,880 crore to JM Financial Asset Reconstruction Company. MUMBAI: A company owned by the promoters of Leela Group has sold an IT Park in Kochi to Mumbai-based Carnival Group for Rs ...Economic Times, 1 week ago ARC markets see bold moves by newer entities Smart Investor, 1 week ago Group sells Kochi IT Park to Carnival Group for Rs 280 crore Times of India, 6 days ago
Ashima Ltd has informed BSE that:1. The Company has signed a term sheet for settlement of secured debt, with one of its secured lenders, namely Asset Reconstruction Company (India) Limited ("ARCIL"). It envisages payment of settlement amount in ...Moneycontrol.com, 1 week ago Ashima Hindu Business Line, 1 week ago Ashima Ltd signs term sheet for settlement of secured debt Equity Bulls, 1 week ago Ashima signs term sheet with ARCIL for settlement of secured debt Indian-Commodity, 1 week ago
Sanctions update: OFAC extends asset freeze and introduces new sanctions on energy and financial sector
The US Treasury Department's Office of Foreign Assets Control ("OFAC") has imposed several new Ukraine-related sanctions as of July 16, 2014. Significantly, the new sanctions impose restrictions on certain types of dealings by US persons with ...Lexology, 1 week ago Ongoing legal developments in response to the situation in Ukraine Lexology, 2 days ago Sanctions against Russia: implications for your company (cumulative update as of July 17, 2014) Lexology, 5 days ago Update on developments regarding the U.S. and EU ukraine-related sanctions and export controls Lexology, 5 days ago
More from: ADVFN India, VOA News...and 6 other sources
The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There is a proposal to form such an entity, for which public sector ...Sify, 1 month ago Finance Minister plans new firm for bad loans Asian Age, 1 month ago Finmin considering plan to form company to take over bad loans The Financial Chronicle, 1 month ago Finmin to form company to take over bad loans Rediff.com, 1 month ago
A sharp rise in sales of bad loans by banks to asset reconstruction companies (ARCs) has made the Reserve Bank of India put under its scanner the practices adopted by both. The regulator suspects banks could be using the option of issuing securities receipts ...Sify, 1 month ago
The leaders, meeting in Brussels, also agreed to act together to suspend financing of the new European Bank for Reconstruction and Development operations in Russia. European leaders also signaled their willingness for the first time to go after ...Investor's Business Daily, 1 week ago The Wake-Up Call: Europe Toughens Stance against Putin Spiegel Online, 9 hours ago Europe ought to back US sanctions against Russia Gulf News, 1 week ago US, Europe escalate economic sanctions on Russia Sify, 1 week ago
Concerned over rising bad loans, heads of banks and financial institutions today suggested creation of National Asset Management Company which could act as a nodal agency to deal with the problem. "There were some suggestions on setting up of National Asset ...The Financial Chronicle, 1 month ago
Sales (€ millions) 2014 Reconstructed 1 2013 Published % change Reconstructed 2014 Published 2 2013 Pro Forma 3 Variations Pro Forma % change Like-for-like 4 1 st quarter 255.2 ...4 Traders, 6 days ago
July 29 MICROSOFT TARGETED IN CHINA ANTITRUST PROBE BANK OF CYPRUS RAISES 1 BLN EUR THROUGH SHARE SALE ABERDEEN SHRUGS OFF OUTFLOWS AS DRIVE TO DIVERSIFY STARTS PAYING OFF DOLLAR TREE TO BUY FAMILY DOLLAR FOR $8.5 BLN CHINA'S BAIDU FOLLOWS GOOGLE ...Reuters, 2 minutes ago
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