Arc

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Arc - Total results - 19
RBI refuses to give concessions for ARC to warehouse stressed power projects to prevent distress sale
Business

RBI refuses to give concessions for ARC to warehouse stressed power projects to prevent distress sale

A power sector expert said in the absence of the sought concessions from RBI, it would be a tightrope walk for the REC and other lenders to implement the proposal of setting up an ARC for the purpose

Power sector NPAs: Govt and banks may have to float AMC/ARC to resolve crisis, says BofAML
Business

Power sector NPAs: Govt and banks may have to float AMC/ARC to resolve crisis, says BofAML

The BofA-ML analysts estimated the total stressed assets in power sector at $51.6 billion, with banks holding a bulk $36.1 billion and dedicated non-bank lenders like Power Finance Corporation and Rural Electrification Corporation having $15.5 billion

Project Sashakt: Creating a bigger bad asset market is a good idea; but who will do the bankrolling?
Business

Project Sashakt: Creating a bigger bad asset market is a good idea; but who will do the bankrolling?

Project Sashakt's success hinges on the Modi government's ability to push out a scheme that can generate sufficient investor interest.

Arvind Saxena appointed acting chairman of UPSC: to take over from Vinay Mittal on 20 June
India

Arvind Saxena appointed acting chairman of UPSC: to take over from Vinay Mittal on 20 June

UPSC member Arvind Saxena has been appointed as the acting chairman of the commission from June 20, a government order said.

Engineering CAP provisional allotment list declared by DTE Maharashtra: Check ranks at dtemaharashtra.gov.in
India

Engineering CAP provisional allotment list declared by DTE Maharashtra: Check ranks at dtemaharashtra.gov.in

The provisional allotment list for Engineering CAP round I has been released by the Directorate of Technical Education of Maharashtra

Bank NPAs: RBI's Viral Acharya warns of Japan's lost decade; here's full text of his speech
Business

Bank NPAs: RBI's Viral Acharya warns of Japan's lost decade; here's full text of his speech

Viral Acharya proposed measures to deal with the NPA problem indicating a tough stance by the central bank.

RBI deputy governor Viral Acharya asks banks to act on NPAs with a sense of urgency
Business

RBI deputy governor Viral Acharya asks banks to act on NPAs with a sense of urgency

Warning that recovery is a long way off, Acharya said sectors with the most stressed assets have so much excess capacity relative to current or near-term utilization that there is no sign of a pickup in higher capacity utilisation.

ICICI Bank, PE firm Apollo Global join hands to set up asset reconstruction company
Business

ICICI Bank, PE firm Apollo Global join hands to set up asset reconstruction company

The proposed ARC is counting on ICICI Bank's experience in the Indian financial sector and Apollo's investment experience as the strong points

Four banks plan to sell Kingfisher Airlines' assets to ARCs
Business

Four banks plan to sell Kingfisher Airlines' assets to ARCs

As many as four banks are contemplating selling assets of beleaguered air carrier Kingfisher Airlines to asset reconstruction companies (ARCs) to recover part of their dues.

RBI annual report: 36 percent of bad loans have been created by these six sectors
Economy

RBI annual report: 36 percent of bad loans have been created by these six sectors

The Reserve Bank has said about 36 percent of the overall 4.1 percent bad assets in the system have been created by six sectors of the economy - infrastructure, metals, textiles, chemicals, engineering and mining. These sectors, though, have only 30 per ent of the credit share.<br />

Decoding the bad loan trend of banks: There's more than meets the eye
Finance

Decoding the bad loan trend of banks: There's more than meets the eye

In the absence of an economic boost and timely removal of structural bottlenecks, there is a clear danger of bad loans emerging from the restructured loan pile.

SAP Named Leader In Transportation Mgmt Systems: ARC Advisory Group
Biztech

SAP Named Leader In Transportation Mgmt Systems: ARC Advisory Group

SAP has engaged closely with customers to understand the true needs of a transportation management system.

CyanogenMod 7.1 released, now supports 68 devices!
News & Analysis

CyanogenMod 7.1 released, now supports 68 devices!

One of the most famous custom ROMs in the Android modding community, CyanogenMod version 7.1 has finally been released. This new release was supposed to be

Enterproid To Provide Businesses More Functional Mobile Devices
Biztech

Enterproid To Provide Businesses More Functional Mobile Devices

New mobile platform, Divide, enables to maintain separate professional and personal profiles on a single Android device.

Sony Ericsson Might Unveil new XPERIA Phones at MWC 2011
News & Analysis

Sony Ericsson Might Unveil new XPERIA Phones at MWC 2011

Sony Ericsson&#039;s XPERIA Play might be joining the other phones in the February launch.

Infogain Partners Manthan To Offer Retail BI Solution
Biztech

Infogain Partners Manthan To Offer Retail BI Solution

ARC helps retailers analyse the performance of their business from store to supply chain and unearths the hidden relationships between products, customers, promotions and multi-channels.

Manthan Systems Foray's Into Asia
Biztech

Manthan Systems Foray&#039;s Into Asia

Philippine retail conglomerate, Robinsons Retail, to implement ARC retail business intelligence platform from Manthan Systems for its multiple retail store brands.