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Oldest ARC Arcil files for ₹1,500-cr IPO

August 03, 2025

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The New Indian Express Madurai

IN a first in the struggling asset reconstruction companies space, the oldest such entity Arcil or Asset Reconstruction Company India, has filed the draft papers with Sebi for a primary issue seeking to mop up ₹1,500 crore.

- BENN KOCHUVEEDAN @ Mumbai

Founded in 2002, Arcil, promoted by Avenue India Resurgence, which is an affiliate of Avenue Capital Group, and State Bank of India, which are

المزيد من القصص من The New Indian Express Madurai

The New Indian Express Madurai

Leaders extend Deepavali wishes to people of TN

GOVERNOR RN Ravi and leaders of various political parties have extended Deepavali wishes to the people of Tamil Nadu.

time to read

1 min

October 20, 2025

The New Indian Express Madurai

Eatery owner shot dead for serving non-veg

A 47-year-old restaurant owner in Ranchi was shot dead after a customer was allegedly served non-veg biryani instead of the vegetarian he had ordered.

time to read

1 min

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

WHY YOU NEED TO BUILD A WAR CHEST NOW

HERE are warning signs all around. Despite trade wars and geopolitical tensions, the relative calm in asset prices is disturbing. Equity assets and gold prices do not rally or fall in tandem. The dramatic surge in gold prices over the past year indicates a risk in financial markets. It is not just gold.

time to read

2 mins

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

No festival celebrations this year, TVK tells cadre

TAMILAGA Vettri Kazhagam (TVK) president and actor Vijay has urged party members to refrain from celebrating Deepavali this year as a mark of respect for the 41 people who lost their lives in the stampede during the recent political rally in Karur.

time to read

1 min

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Bhagwat calls for freeing minds from influence of Macaulay edu system

RSS chief Mohan Bhagwat, speaking on Sunday in Mumbai at the launch event of the volume Arya Yug, highlighted the significance of the Arya era and asserted that Indians (Aryans) had historically travelled across the world, maintaining good communication channels.

time to read

1 mins

October 20, 2025

The New Indian Express Madurai

Zomato parent co Eternal gets ₹128 cr GST demand

ETERNAL Limited, the company formerly known as Zomato Limited, disclosed in a regulatory filing on Saturday that it has received a significant goods and services tax (GST) demand order totalling about ₹128.35 crore from tax authorities in Uttar Pradesh.

time to read

1 min

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

CHILDREN OF WOMAN PRISONERS IN TN TURN ‘INVISIBLE’ AFTER TURNING SIX

FOR children growing up with their mothers behind Tamil Nadu’s prison walls, life is carefully counted until they turn six. After that, the system stops counting.

time to read

2 mins

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Emirates NBD to buy 60% in RBL Bank for $3 bn

IN one of the largest-ever FDI in Indian financial services sector, UAE-based Emirates NBD Bank and RBL Bank Limited has announced that their respective Boards have approved definitive agreements for ENBD to acquire a controlling stake in RBL Bank through a primary capital infusion of about $3 billion (26,850 cr).

time to read

2 mins

October 20, 2025

The New Indian Express Madurai

Co-op dept to set up call centre to serve its banking customers 24x7

THE Cooperative Department has decided to establish a call centre for TNSC Bank and 24 Central Cooperative Banks to offer round-the-clock banking services, 365 days a year.

time to read

1 min

October 20, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Op Sindoor on till objectives achieved, says Army Chief

ARMY Chief General Upendra Dwivedi has announced that the ongoing military action, dubbed ‘Operation Sindoor 1.0,’ has not ceased, although the firing has paused temporarily.

time to read

1 mins

October 20, 2025

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