Apollo, Varde pull out of race for shadow bank AlticoApollo Global and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd., according to people familiar with the ...
02 Jan, 2020, 11.19 AM IST
Altico Capital defaults on Rs 138 crore debt repaymentAltico Capital’s financial stress first came to light in September when it defaulted on interest payments on an external commercial borrowi...
02 Dec, 2019, 05.30 PM IST
Varde Capital proposes Rs 1,000 crore equity infusion in Altico CapitalOver a month ago, Altico Capital had presented a resolution plan to lenders.
21 Nov, 2019, 09.06 AM IST
Altico Capital submits resolution plan for full repayment over five yearsAltico has proposed to repay their dues in full in a staggered manner over the next five years.
17 Oct, 2019, 12.50 PM IST
Rescue plan: Altico may offer to sell its assetsAltico’s asset sales could immediately fetch at least Rs 2,000 crore, market sources said.
14 Oct, 2019, 07.51 AM IST
Altico and Mashreq approach RBI against HDFC BankAltico Capital had early last month said it defaulted on an interest payment to Mashreq Bank.
13 Oct, 2019, 01.17 PM IST
Altico Cap promoters, investors differ on fresh fund infusionIndia Ratings last week downgraded Altico Cap to "D" or default from 'A+' .
23 Sep, 2019, 09.22 AM IST
Altico seeks HC shield from being called 'Defaulter'Altico is believed to have breached a covenant that could allow AU to move the deposit to itself against the loan of Rs 64 crore, people in...
14 Sep, 2019, 10.22 AM IST
Debt mutual fund schemes of Reliance, UTI MF holding Altico Capital could see a sharp dip in NAVsOn September 3, India Ratings and Research downgraded Altico Capital India Limited's Long-Term Issuer Rating to 'IND A+' from 'IND AA-.
13 Sep, 2019, 12.08 PM IST
Altico Capital exits Phoenix Group's IT-SEZ project in HyderabadDeveloper prepays Rs 250 crore loan it had raised from Altico
20 Aug, 2019, 08.18 AM IST
- Altico Capital diversifies into warehousing, logistics funding
The transaction includes Rs 50-crore co-investment from Asia-focussed private equity fund and Altico’s founding shareholder, Clearwater Cap...
05 Nov, 2018, 03.25 PM IST
Altico Capital invests Rs 1,250 crore in 5 realty dealsOf these markets, Altico has invested Rs 500 crore through two deals with Hyderabad-based Phoenix Group for construction and development of...
21 Dec, 2017, 07.49 AM IST
Altico Capital gets board approval to raise additional Rs 2,000 croreThe funds being raised would be used to support Altico's robust asset pipeline across its focus areas.
07 Nov, 2017, 12.51 PM IST
Altico Capital provides credit line of up to Rs 300 crore to Phoenix Group“Track record of the group, location of the projects, product offering and stage of construction were key reasons for Altico's investment,”...
24 Mar, 2017, 01.24 AM IST
Altico Capital plans to invest up to Rs 1,000 Crore in Bengaluru realty marketAltico Capital has invested Rs 200 crore in Legacy Group’s portfolio of total 14 projects spread over 4 million sq ft across north and cent...
18 Aug, 2016, 01.20 PM IST
Altico Capital plans to raise Rs 2,000 croreNon-banking financial firm Altico Capital India today said its board has approved raising funds worth Rs 2,000 crore through various routes...
14 Apr, 2016, 04.06 PM IST
NBFC Altico Capital appoints Naina Lal Kidwai as independent non-executive director to its boardNon-banking financial company Altico Capital India has appointed former HSBC India chairperson Naina Lal Kidwai as an independent non-execu...
14 Mar, 2016, 01.48 PM IST