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ALCHEMIST ASSET RECONSTRUCTION COMPANY
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Iran insists on nuclear enrichment and control over Strait of Hormuz under any deal with USIran insisted on Friday on its right to enrich uranium and maintain control over the Strait of Hormuz under any deal with the United States...
Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 targetShares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target pric...
HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: ReportHousing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...
No individual data, Sebi to tweak AMC exec pay disclosure normsIn a bold initiative, the Securities and Exchange Board of India (Sebi) is looking to overhaul the reporting standards for executive compen...
Quote of the day by Paulo Coelho: 'Waiting is painful. Forgetting is painful. But not knowing which to do is the worst kind of suffering...' Sometimes fear of making a choice can be much more painful than the decision itself, explained by The Alchemist writerPaulo Coelho's quote of the day reflects the emotional burden of uncertainty that many people experience in relationships, careers, and maj...
Sebi proposes consolidated disclosure of executive pay at asset managersIndia's markets regulator, SEBI, has proposed a change for asset management companies. Executives and high earners in these firms may soon ...
Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
Retail investors can play on as AMCs cap gold betsThree major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to...
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operation...
Quote of the day by The Alchemist writer Paulo Coelho: 'Human beings can withstand a week without water, two weeks without food, many years of homelessness, but not loneliness. It is the worst of all tortures' - lessons on emotional cost of isolation by Eleven Minutes and Wept authorPaulo Coelho's quote from Eleven Minutes states that loneliness is a more profound suffering than physical deprivation. He argues that whil...
US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
Quote of the Day by Paulo Coelho: “One is loved because one is loved. No reason is needed for loving.”Paulo Coelho's words offer a new view on love. He suggests love needs no reason to exist. True love is unconditional, not based on what som...
AICC chief Kharge declares assets worth Rs 38.76 cr in RS affidavitAICC chief Mallikarjun Kharge has declared total assets worth Rs 38.76 crore in his Rajya Sabha nomination affidavit. His assets include mo...
Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...
Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
NCLAT offers Supreme Housing & Hospitality final chance to settle Canara duesSupreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has o...
Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meetThe Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...