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Piramal Capital & Housing Finance sells bad loans to Omkara ARC, ET RealEstate

Piramal Capital: The sale, finalised last week, marks a recovery of 17% for Piramal. The pool consists of accounts acquired along with Dewan Housing Finance Limited (DHFL) and Piramal s own loan book. ....

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Piramal Capital: Piramal Capital sells bad loans to Omkara ARC

The non-banking finance company had called for bids under a cash-security receipt structure, based on an existing offer. Omkara Asset Reconstruction Company provided a binding offer, setting the reserve price for the auction. ....

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'String Of Pearls' Port Acquisition Strategy: Adani Group Gets 13th Domestic Port, Wins Bid For Karaikal Port With Rs 1,200 Crore Offer

'String Of Pearls' Port Acquisition Strategy: Adani Group Gets 13th Domestic Port, Wins Bid For Karaikal Port With Rs 1,200 Crore Offer
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