National Asset Reconstruction Co Ltd, or NARCL, will acquire the Rs 1000 crore debt of Kay Bouvet Engineering. Banks sought challenging bid...

Specialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery thr...

In a significant move towards debt resolution, the government-supported NARCL is set to take over KEPL's outstanding ₹1,500 crore debt for ...

"Banks are in the process of signing final documents in the KEPL case, while in the case of BLA, too, there was no one who turned up in the...

The National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL's ₹711-crore o...

NARCL has increased its bid to acquire the debt of Jaiprakash Associates to ₹12,000 crore. The revised offer comes as the company's appeal ...

Based on binding bids from the government-backed bad bank, lenders have initiated a Swiss challenge auction for Hitodi Infra. The lenders, ...

The National Asset Reconstruction Co (NARCL) offer for the ₹751 crore debt has triggered a Swiss challenge auction scheduled on March 1. Th...

If lenders approve a binding offer for the two road projects and the steel company, it will be followed by a Swiss challenge auction. NARCL...

Based on the anchor bid from NARCL, PNB Investment Services had run the Swiss Challenge auction and asked interested bidders to bid at a ma...

"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumba...

Last week, ET reported that NARCL had agreed to match Rare ARC's counter bid to take over the debt of rice exporter SSA International, maki...

Rare had offered ₹32.5 crore to top NARCL's offer of ₹31 crore under a Swiss challenge conducted by lead lender State Bank of India (SBI) l...

NARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...

ARCL has offered ₹100 crore to acquire ₹1,241 crore principal outstanding debt of the engineering procurement and construction (EPC) compan...

"All banks are now in the process of taking board approvals to consider the NARCL offer. Meanwhile, the Swiss challenge process will also s...

In the case of CCC, bankers were stunned to receive a ₹60 crore bid for a total of ₹2,623 crore outstanding dues, a less than 3% recovery f...