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ASSET RECONSTRUCTION COMPANY
Arcil sets price band at Rs 132-139 for Rs 733 cr IPO; issue to open on Sep 9Arcil has announced an IPO price range set between Rs 132 and Rs 139 per share, with a target to raise around Rs 733 crore. The public can ...- Chevron expands Venezuela presence with $7 billion plan to double oil output in five yearsChevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company...
- Asset Reconstruction Company IPO to open on September 9. Check detailsARCIL will open its IPO for subscription on September 9, with the issue closing on September 11. The IPO will be entirely an offer for sale...
- Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
- Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
- Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
- Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod KumarIndian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surp...
- EOW adds more charges in Suraksha ARC caseMumbai Police's Economic Offences Wing added cheating and forgery charges against Suraksha ARC. These new charges stem from a petition file...
- No takers: Public sector banks put ₹39,000 cr of bad loans up for sale againPublic sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Over...
- Independence Day 2026: 79 years of an India on the rise as its households dream biggerIndependence Day 2026: Today's Indian consumers are transforming their financial habits, with a declining focus on food expenditure within ...
- Former HDIL chairman Rakesh Wadhawan seeks probe into 'Rs 600 cr loan transfer'Rakesh Wadhawan has accused Yes Bank of illegally assigning a Rs 600 crore loan. This loan was for a firm he promoted and was transferred i...
- Purchase of bad loans by ARCs rises 56% in Q1Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six pe...
- How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
- JC Flowers Asset Reconstruction Company in talks to merge into Assets CareJC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...
- The architecture of a turnaround: How Indiabulls turned its real estate vision into a very different kind of a bottom lineIndiabulls reported significant profit and revenue growth in FY26. The company's real estate business showed strong sales bookings and coll...
- Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
- IPO Buzz: Over a dozen firms, including Zepto set for debut next monthNext month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs ...
- RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...
- Mumbai Metro One restructures debt with NARCL, avoids insolvencyMumbai Metro One Private Limited has successfully restructured its debt, avoiding insolvency. The company signed a Master Restructuring Agr...
- ARC consolidation: Govt weighs ASREC merger with NARCLThe government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the functionality of state-sponsored bad...
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