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'Nepal has never undertaken something of this magnitude'

'It’s not that because the authority has not hit the ground running that everything is at a standstill. That’s not the case at all' 'Even when certain basic (relief work) guidelines......

Indian missions in Afghanistan on high alert

Amid intelligence inputs that its interests in Afghanistan may be targetted by Taliban and other terror groups in the wake of the killing of Al-Qaeda chief Osama bin Laden, India has tightened......

Finmin to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There......

Foreign investment ceiling in ARCs raised to 74%

Foreign investment ceiling in Asset Reconstruction Companies (ARCs) has been increased to 74 per cent from 49 per cent, a move aimed at bringing more foreign expertise in the segment. "The ceiling......

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......

Ambit plans stressed assets biz, NBFC

The Ashok Wadhwa-promoted Ambit Holdings is planning to start a stressed asset business and a non-banking finance company by the end of this financial year. The stressed asset business would be a......

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......
  Web results for Asset Reconstruction Company
Pipavav to exit CDR after Reliance Infrastructure open offer

Reliance Infrastructure (R-Infra), the new owner of Pipavav Defence and Offshore Engineering, on Thursday said it plans to exit the shipbuilding... ...
Online Returns to be submitted by NBFCs- Revised

RBI/2014-15/246 DNBS (PD).CC.No.03/03.02.02/2015-16 November 26, 2015 All Non Banking Financial Companies Dear Sir, Please refer to our... ...
Lodha Group strikes priciest apartment sale in Mumbai

Mumbai-based private developer Lodha Group has struck the most expensive single apartment sale deal in the country involving a super-luxury duplex... ...
European Factors to Watch-Futures point to steady open

(Adds futures prices) MILAN Nov 26 European shares were seen opening little changed on Thursday, following gains in Asia and a flat close on Wall... ...
From non-performing to performing

A well-functioning insolvency resolution framework is fundamental for dealing with business failures Rajeswari SenguptaRicha Roy Photo: iStock... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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