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SWISS AUCTION
A medieval book in Rome has been hiding the oldest English poemA medieval book in a Roman library revealed a remarkable find. Researchers uncovered the oldest known English poem, 'Caedmon's Hymn'. This ...17 May, 2026, 12.58 PM IST- Canara Bank invites bids for Rs 509 crore loan of Rajesh ExportsCanara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move com...07 May, 2026, 06.05 AM IST
- NARCL to take over Rs 1000 crore Kay Bouvet debtNational Asset Reconstruction Co Ltd, or NARCL, will acquire the Rs 1000 crore debt of Kay Bouvet Engineering. Banks sought challenging bid...28 Mar, 2026, 10.20 AM IST
- NARCL set to acquire debt of Kay Bouvet EngineeringSpecialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery thr...28 Mar, 2026, 07.38 AM IST
- 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...23 Feb, 2026, 12.03 AM IST
- Karanja Terminal promoters offer Rs 472 crore as settlement to lendersKaranja Terminal & Logistics' promoters, led by Nikhil Gandhi, have proposed a ₹472 crore settlement to Canara Bank and other lenders again...25 Jul, 2025, 07.03 PM IST
- Top ARCs vie for three road projects, metals company metenereSeveral asset reconstruction companies including global fund JC Flowers ARC and Varde Partners-backed Aditya Birla ARC are participating in...23 Feb, 2024, 12.22 AM IST
- NARCL makes binding offers for over half a dozen accounts: SourcesNARCL is set to acquire loans of Simplex Infra following an uncontested Swiss auction. The state-backed bad bank has made a binding offer o...07 Feb, 2024, 12.13 AM IST
- ARCIL buys ₹1,100-crore loans from RBL, Bandhan BankRBL Bank sold small business loans worth ₹360 crore for ₹20 crore in an all-cash deal at an auction to the ARC, equating to less than 1% re...06 Jan, 2024, 10.49 PM IST
- Lenders look to close deal for loans of Vidarbha IndsA division bench of the court had on August 2 told the lenders not to declare the winner of the Swiss auction until the next hearing schedu...14 Aug, 2023, 07.36 AM IST
- NARCL gives binding offers for two highway assets and a steel companyIf lenders approve a binding offer for the two road projects and the steel company, it will be followed by a Swiss challenge auction. NARCL...13 Jun, 2023, 12.24 AM IST
- Torrent Investments won’t participate in second auction for Reliance CapitalThe lenders, however, are unlikely to hold a Swiss auction since this would not lead to value maximisation, people in the know said. A clos...25 Mar, 2023, 01.05 AM IST
- Pear-shaped pink diamond sells for $28.8 mn at Christie's auctionThe auction house said an unidentified Asian buyer snapped up the diamond.09 Nov, 2022, 06.08 PM IST
- NARCL offer for Meenakshi Energy and Helios Photo triggers Swiss Challenge auctionLast month NARCL accelerated the pace of its activities after struggling for over a year to acquire bad loans. It has offered to buy six lo...01 Nov, 2022, 10.54 PM IST
- Phoenix ARC makes highest offer of Rs 405 crore for Mittal Corp under Swiss auctionPhoenix ARC gave a Rs 405 crore bid for the bankrupt steel maker, against the anchor offer of Rs 228 crore from National Asset Reconstructi...28 Oct, 2022, 10.55 PM IST
- SBI to Swiss auction KSK loansThe bank decided to hold a Swiss auction to avoid glare from investigative agencies in future, a bank executive said on condition of anonym...01 Jun, 2022, 12.24 AM IST
- SBI, Union Bank to go ahead with Swiss Challenge auction for KSK Mahanadi Power loansIn the Swiss auction process, lenders first hold an auction of the NPA, and the offer made by the highest bidder (also known as anchor bidd...23 Dec, 2021, 08.34 AM IST
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