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Private ARCs' AUM may drop 4-6%

The New Indian Express Vellore

|

July 11, 2025

ASSET reconstruction companies in the private sector space are looking at further fall in their assets under management as measured by security receipts outstanding, to the tune of 4-6% to ₹1.05 lakh crore this fiscal after a steeper 15% slide last fiscal as redemption far outpace new asset acquisitions.

- ENS ECONOMIC BUREAU @ Mumbai

Ever since the bankruptcy code got traction among lenders, private ARCs have been facing a bleak future and have moved to managing the bad loan piles in the retail loan space as large corporate loan NPAs were going to the NCLTs. P

FLERE HISTORIER FRA The New Indian Express Vellore

The New Indian Express Vellore

Ease of travel: Civil aviation ministry firms up winter schedule of all airlines

THE Ministry of Civil Aviation on Friday announced the winter schedule of all scheduled domestic airlines that will come into effect from October 26. A total of 26,495 flight departures per week across 126 airports in the country have been approved by the ministry.

time to read

1 min

October 25, 2025

The New Indian Express Vellore

India on alert as polio cases rise in Pak, Afghan

DESPITE being officially certified as polio-free in 2014, India remains at risk of polio reinfection due to vaccine-derived poliovirus (VDPV), its proximity to endemic countries, Pakistan and Afghanistan, and potential gaps in immunity, experts said here on the occasion of World Polio Day on Friday.

time to read

2 mins

October 25, 2025

The New Indian Express Vellore

Senapati decked up to greet & honour Muivah

UNC declares Genna for NSCN-IM leader’s visit

time to read

2 mins

October 25, 2025

The New Indian Express Vellore

The New Indian Express Vellore

VIJAY TO MEET KIN OF STAMPEDE VICTIMS IN CHENNAI

ACTOR and Tamilaga Vettri Kazhagam (TVK) founder Vijay is set to meet in Chennai the families of those who lost their lives in the Karur stampede on September 27.

time to read

1 mins

October 25, 2025

The New Indian Express Vellore

The New Indian Express Vellore

MP crackdown against carbide gun makers as eye injury cases reach 300

IN the aftermath of carbide guns inflicting severe eye injuries to around 300 people, mostly children and teenagers in Madhya Pradesh during Diwali, authorities have launched a crackdown against the seemingly harmless toys.

time to read

1 mins

October 25, 2025

The New Indian Express Vellore

BJP scores surprise win in 1 seat, NC bags 3 in RS polls

THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.

time to read

1 min

October 25, 2025

The New Indian Express Vellore

POWER OF EDUCATION DIPLOMACY

REVERSE SWING

time to read

4 mins

October 25, 2025

The New Indian Express Vellore

Yeast can survive Martian environment: IISc

YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.

time to read

2 mins

October 25, 2025

The New Indian Express Vellore

CENSOR CERT Plea against Muthuramalinga Thevar's biopic

THE Madurai Bench of the Madras High Court on Friday sought counter affidavit from the Central Board of Film Certification, among others, on a PIL that sought cancellation of the censor certificate granted to the film ‘Desiya Thalaivar’,a biopic of freedom fighter Pasumpon Muthuramalinga Thevar.

time to read

1 min

October 25, 2025

The New Indian Express Vellore

Taliban to build dam on Kunar River to limit water flow to Pakistan

IN a move that could have farreaching consequences for Pakistan's already strained water and energy security, Afghanistan's Taliban government has said it will build a series of dams on the Kunar River.

time to read

1 min

October 25, 2025

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