E-PaperEight Capital News
Ambit exits ARC business, sells stake to Emso, Eight Capital
After the transaction, the company will be renamed as J.C. Flowers Asset Reconstruction CompanyARC will be managed by Eight Capital's team in Mumbai
2 min read30 May 2019Emso, Eight Capital tie up to invest in India’s stressed assets
The Emso Asset Management and Eight Capital tie-up will target the $140 billion stressed assets undergoing debt resolution under insolvency and bankruptcy code
2 min read10 Sep 2018Opening bell: Asian markets open subdued; Tata Communications, EIH in news
In other news, Eight Capital and Centrum are in a race to pick up a majority stake in Hindustan Dorr-Oliver, which is facing insolvency proceedings
1 min read12 Dec 2017Eight Capital, Centrum eye stake in Hindustan Dorr-Oliver
Hindustan Dorr-Oliver currently facing insolvency proceedings at the NCLT under the Insolvency and Bankruptcy Code
1 min read12 Dec 2017ARCs, NBFCs eye interim finance market as bank credit to distressed firms dries up
Firms such as Edelweiss ARC, non-banking financial companies such as Eight Capital and even arms of private equity firm KKR India, are eyeing the interim finance market
3 min read26 Oct 2017Eight Capital asks Patel Engineering’s lenders to convert debt into NCDs
In turn, Eight Capital has offered to pay the banks 7% interest every time Patel Engineering’s receivables get converted into cash
1 min read10 Oct 2017Kellogg starts venture fund to tide over cereal slump
Kellogg will invest about $100 million in venture fund Eighteen94 Capital, a bid to use a Silicon Valley approach to find the food industry's next growth engine
1 min read21 Jun 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared