The stressed asset space is losing its allure for international players. Arcion Revitalization, originally promoted by Apollo Global and ICICI Bank, has become the latest firm to relinquish its license for an asset reconstruction company (ARC). In January of this year, Lonestar had surrendered its ARC license. In 2020, amid the pandemic, KKR had abandoned its 'firm' intentions to establish an ARC.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fP1ArGX
Subscribe to:
Post Comments (Atom)
Microsoft-backed cloud platform ‘will bully Indians to agree with it’: Ola CEO
Bhavish Aggarwal, the founder and CEO of Ola, announced the company's move to shift its workloads from Microsoft's Azure to its prop...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment