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Lenders begin voting on Reliance Home Fin bids, to choose winner on June 15

The Indian lenders led by Bank of Baroda have started voting on the highest bidder for Reliance Home Finance on May 31 and will select the highest bidder by June 15. Global fund ARES SSG, along with Assets Care & Reconstruction Enterprise Ltd, Authum Infrastructure and Investment Ltd (a domestic NBFC), Avenue Capital and ARCIL, Capri Global Capital Limited have made the bids for the company. The present debt resolution is under the June 7, 2019 circular of Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions 2019 and the lenders of RHFL have entered into an Inter Creditor Agreement for debt resolution of the housing finance company.

Reliance Home Finance debt resolution: Voting likely to be completed by June 15

Enterprise Asset Management Software Market to Witness Massive Growth by SAP, IBM, Oracle

Enterprise Asset Management Software Market to Witness Massive Growth by SAP, IBM, Oracle iCrowd Newswire Latest released the research study on Global Enterprise Asset Management Software Market, offers a detailed overview of the factors influencing the global business scope. Enterprise Asset Management Software Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Enterprise Asset Management Software. The study covers emerging player s data, including: competitive situation, sales, revenue and global market share of top manufacturers are: IBM (United States) , Oracle (United States) , IFS (Sweden), SAP (Germany), Infor (United States) , ABB (Switzerland) , Aptean (United States) , CGI (Canada) , IPS (Germany).

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