Browsing Tag

phoenix arc

NARCL: NARCL declines to match Phoenix ARC’s bid for Mittal Corp

admin Nov 2, 2022

Mumbai: The Nationwide Asset Reconstruction Co (NARCL) has declined to match Phoenix ARC's ₹405 crore bid for the bankrupt metal maker Mittal Corp, clearing the best way for the Financial institution-backed ARC to take over the…

narcl: NARCL to make its first acquisition in Jaypee Infratech

admin Oct 28, 2022

India's state-sponsored dangerous financial institution is about to make its first distressed-debt acquisition since its formation a yr in the past. The Nationwide Asset Reconstruction Co (NARCL) emerged because the successful bidder for…