Searched for
JM FINANCIAL ARC
JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
Tata Steel bets on higher prices, cost savings to lift FY27 marginsTata Steel anticipates improved margins this fiscal year, driven by higher steel prices and domestic volume growth, alongside ongoing cost ...
Piramal Capital to sell more loans for Rs 1,669 croreThis is the second loan that the company is looking to sell in less than 10 days. It had also sold a total loan outstanding pool of ₹3,656 ...
Piramal to sell DHFL loans to JM Financial ARCPiramal Capital had initiated a Swiss Challenge against the ARC's anchor bid, inviting other interested bidders to submit expressions of in...
JM Financial ARC allowed to substitute BoI as petitioner in NSAIL insolvency caseInitially, in 2014, National Steel & Agro entered into a loan agreement with the consortium led by IDBI Bank for over Rs 1,431 crore, in wh...
JM Financial Asset Reconstruction Company allowed to substitute Bank of India as petitionerBSE-listed National Steel & Agro owes about Rs 1,600 crore to its lenders. On Friday, the Mumbai bench of the National Company Law Tribunal...
SAT refuses to stay Hotel Leela’s postal ballot to seek nod for Brookfield dealHotel Leela Venture said voting will begin on August 18 and will end on September 16.
Sebi asks Hotel Leela to share details of transactions between firm, Brookfield and promotersSebi may also initiate adjudication proceedings against JM Financial ARC.
ITC wants to buy Hotel Leela’s assets for song: JM Financial ARCThe counsel for JM Financial ARC said that even after knowing the financial health of Leela, ITC Hotels has been picking up stake in the co...
Leela sale row: ITC seeks waiver of minimum shareholding normITC alleged that large amounts will be paid to the promoters and JM Financial ARC will also benefit from the deal but the company will not ...
- Hotel Leela given one month to settle JM Financial ARC’s dues
The BSE-listed hotel chain had sought four months’ time to settle its dues to JM Financial ARC after Canadian alternative asset management ...
RIL-JM Financial to take over Alok Industries as lenders settle for 83% haircutThe Reliance Industries-JM Financial ARC combine was the sole bidder for the bankrupt textile company but their plan had been rejected twic...
Hotel Leelaventure board may give majority stake to JM Financial ARCIf enabling resolutions go through, JM Financial will end up acquiring more than 50% in the luxury hotel chain, up from its current 26% hol...
Alok Industries tumbles 5% as lenders reject RIL’s revised offerRIL had bid jointly with JM Financial to acquire the debt-ridden textile manufacturer Alok Industries Ltd.
Alok lenders reject Reliance Industries-JM Financial ARC's revised offerReliance Industries, in partnership with J M Financial ARC, was the sole bidder for the bankrupt company that is facing claims of Rs 29,500...
RIL-JM Financials ARC to buy Alok IndustriesJM Financial ARC had bid, in partnership with Reliance Industries, for Alok Industries.
RIL, JM Fin ARC said to have made joint bid for AlokReliance Industries had shown interest in acquiring certain units of Alok Industries in November.
Debt recast plan for Leela Venture in the worksThe company's request may come up at JM Financial's board meeting on Monday and a decision is likely to be made post Diwali, the people sai...
- Valiant gets FIPB approval to buy 9% in JM Financial ARC
Valiant Mauritius Partners, an offshore entity, is set to acquire about 9% stake in JM Financial ARC, which is jointly promoted by the JM F...
- Asset reconstruction business hots up as loan defaults rise
The downturn in the economy is attracting more players towards the market for bad loans.