ARCIL, with assets of more than 162 billion rupees, is looking to acquire soured debt from “promising” sectors such as renewable energy, road, steel and logistics. It may bring Avenue Capital as a co-investor, Mohapatra said.
R Thyagarajan is arguably one of the world’s most idiosyncratic financiers in no small part because his multibillion-dollar business, the Shriram Group, has thrived in an industry that tripped up countless others around the globe.
Ebrima Sagnia was frantic as he carried his son through the doors of a hospital one evening last September. A few days earlier, Lamin had been a rambunctious 3-year-old, chasing a ball around the yard. Now he was listless and unable to speak. Staff at the Edward Francis Small Teaching Hospital…