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ALCHEMIST ARC
Neo Asset buys Rs 150-crore NCDs of Magnum VenturesThis fund will be used to repay the debt of Alchemist ARC. In the past, the company had faced various liquidity issues that resulted in def...- Arcil among investors eyeing IDBI bad loansAround twelve investors, including Asset Reconstruction Company India (Arcil), Aditya Birla ARC, Invent ARC, Omkara ARC, ASREC, UV ARC, Alc...
- Real estate focussed fund Experion Developers set to acquire Dignity BuildconExperion Developers offered Rs 450 crore for the real estate developer Dignity Buildcon - a company engaged in developing commercial towers...
- Bleach TYBW is now the top-rated anime after its finale aired; Details hereThe anime show ‘Bleach TYBW’ is now the top ranking anime on MyAnimeList.net as its last episode aired. The action-packed moments, excellen...
- Income Tax Dept searches Alchemist and UV ARCs for suspected tax evasionThe Mumbai investigation wing of the IT department had in December 2021 had carried out searches on four other ARCs, probing transactions o...
- Pratip Chaudhuri's arrest: A case of too many laws and too little justice"They had a warrant and told me I had to come with them and I will know about the case only after I am produced in court. I said I was not ...
- Shocking arrest of Pratip ChaudhuriChaudhuri's arrest for this transaction, without an inquiry or a notice, is shocking. The PCA rules say a senior police officer has to veri...
- Former SBI chairman Pratip Chadhuri gets bail, Alchemist directors set to move to quash arrest ordersThe Jodhpur bench on Tuesday granted stay of order dated and all consequential orders passed by the chief judicial magistrate of Jaisalmer ...
- HC stays arrest of Alchemist ARC promoter & another in loan fraud caseIt is alleged that properties of Jaisalmer-based Hotel Gaudavan Pvt. Ltd. (HGPL) worth about Rs 200 crore, seized by SBI for loan default, ...
- More bankers express concern over ex-SBI chairman Pratip Chaudhuri's arrest“I do not know the facts of the case but, based on what I have read, we really need to have a criminal justice system which protects bona f...
- SBI former chairman arrest matter in court, Govt can't interveneThe due process of law would have to be followed and there is very little the government can do, people privy to the development said.
- Former SBI chairman Pratip Chaudhuri's arrest: Bankers shocked over ‘high-handed’ moveThere was reportedly no notice or formal summons in a decade-old soured-loan case which has shaken the banking sector, stoking concerns the...
- Judicial, police high handedness shock bankersThe police and judicial high handedness has shocked bankers who now fear that such crude actions by authorities will lead to delays in deci...
- Ex SBI chairman Pratip Chaudhuri arrested in loan scam caseFormer State Bank of India Chairman Pratip Chaudhuri was arrested on Sunday by the Jaisalmer Sadar police from his Delhi residence in a loa...
- Two new bidders for LavasaTwo bids from Alchemist ARC president Srishti Dhir along with her brother Madhav Dhir and little known Darwin Projects are being considered...
- Kotak Fund, Arcil, 4 others among bidders for Reliance Home FinanceBoB-led lenders seeking buyers for co through an inter-creditor agreement outside the IBC
- Abhijeet creditors seek removal of liquidatorKothari said he will defend himself before the NCLT.
- After steel, ArcelorMittal eyes Ruias’ EPC businessArcelorMittal has opened another flank and expressed interest in acquiring the group’s EPC Constructions India.
- DMI Finance acquires 16% stake in Alchemist ARCDMI Finance today announced its foray into the asset reconstruction space by acquiring 16 per cent stake in Alchemist ARC for an undisclose...
- DMI Finance acquires 16% stake in Alchemist ARCDMI Finance, an NBFC founded by former Citigroup employees Shivashish Chatterjee and Yuvraj C Singh, has acquired 16% stake in Alchemist As...
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