Mumbai: Asset Reconstruction Co. (India) Ltd, or Arcil, on Monday said it has appointed Abhijit Datta as the chairman of its board. Datta succeeds N. Vaghul, who stepped down in April 2009. The firm buys distressed assets from lenders at a discount and then tries to recover the debt.
DR Dogra new MD, CEO of Credit Analysis
Mumbai: Domestic credit rating agency Credit Analysis and Research Ltd (CARE) on Monday announced the appointment of deputy managing director D.R. Dogra as managing director and chief executive officer, effective 22 August. The position of managing director had not been filled since June 2008.