For investors with long-term perspective: 5 mid-cap stocks from different sectors with upside potential of up to 30%Even before the US-Israel-Iran war began, there was a sort of readjustment taking place in the mid-cap segment – a kind of valuation readju...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few trading sessions, the direction of indices like the Nifty and Sensex will be determined by news on ceasefire violations a...
CFM ARC wins bid for PNB's Gammon debt at 73% haircutCFM Asset Reconstruction Company has acquired Punjab National Bank's ₹514 crore loan to Gammon India for ₹140 crore. This acquisition gives...
CFM ARC leads race for Gammon India's ₹514-cr debtCFM ARC is leading the bid to acquire Gammon India's ₹514 crore debt from Punjab National Bank. The bank is holding an electronic auction t...
Vidarbha Industries Power dragged to NCLT by CFM Asset over Rs 3,800 crore unpaid duesCFM Asset Reconstruction Pvt Ltd has taken Vidarbha Industries Power Ltd (VIPL) to the National Company Law Tribunal (NCLT) for unpaid dues...
CFM ARC wins bid for defunct Carnival CinemasThis follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging ...
Reliance Power settles its obligations of Rs 3872 crore as guarantor for Vidarbha Industries PowerReliance Power has also settled all disputes with CFM Asset Reconstruction Private Limited (CFM). 100% shares of VIPL have been pledged in ...
CFM ARC offers to buy Rs 580cr debt of harbour heights at 34% discountThe Harbour Heights project, a joint venture between Radius Group and Sumer BuildCorp, has a total debt exposure of around ₹580 crore. CFM ...
RITES signs pact with CFM Mozambique for supply of 10 diesel locomotivesState-owned RITES Ltd has signed an agreement with CFM Mozambique for the supply of ten diesel locomotives and incidental services, with a ...
CFM ARC invokes corporate guarantee issued by Reliance Power for Vidarbha Industries PowerReliance Power has disputed the amount claimed by CFM and added that the value of assets is sufficient to recover the money. Last month, CF...
CFM ARC raises offer for Vidarbha Industries"In a meeting held today lenders asked CFM ARC to improve the bid amount to ₹1,265 crore from ₹1,220 crore and close the transaction," said...
Air India finalises 800 LEAP engine order to power its new fleetAir India has confirmed its order for 800 CFM International Leap-series engines to power its fleet of 210 Airbus A320neo/A321neos and 190 B...
Vidarbha Industries' lenders pick CFM as anchor bidderIn the last few weeks, CFM ARC and the promoter have been outbidding each other in making unsolicited offers to the lenders for the distres...
SBI sells loan of Atibir Industries to CFM Asset Reconstruction CompanyThe all-cash sale indicates a recovery of 73 paise on a rupee of the principal amount outstanding for SBI. The bank had informed interested...
CFM ARC preferred bidder for JBF IndustriesThe bad loan aggregator had emerged as a surprise bidder for the debt-laden company, ET had reported in May. Bankers had opened bids for th...
IndiGo drops Pratt for CFM's jet engines in $20 billion orderAmid troubles with Pratt & Whitney’s gear turbofan engines, IndiGo will become the third airline in India to use CFM engines for its neo fl...
Reid & Taylor case: NCLT accepts Rs 2 crore as earnest money deposit from CFM Asset Reconstruction CompanyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy said CFM ARC CEO S V Shah can deposit the balance EMD of Rs 3 c...