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Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

What was Pratip Chaudhuri's crime?

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.......

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify......

How Piramal managed to outbid Oaktree, Adani for DHFL

When the third round of bids was opened, Oaktree’s offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with......

Bengal wants to sell bad assets to Arcil

In what will be the first deal of its kind, West Bengal Industrial Development Corporation is in talks with asset reconstruction company Arcil to sell a part of its distressed assets. So far, Arcil......

Arcil to acquire bad loans from two PSBs

Asset Reconstruction Company has acquired bad debts totalling Rs 805 crore (Rs 8.05 billion) from ICICI Bank and National Housing Bank (NHB) and is close to finalising 2-3 more deals including......

Rediff News

Arcil

News for Arcil

Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

What was Pratip Chaudhuri's crime?

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

How Piramal managed to outbid Oaktree, Adani for DHFL

Bengal wants to sell bad assets to Arcil

Arcil to acquire bad loans from two PSBs

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