scorecardresearch
Thursday, May 29, 2025
TopicAltico Capital

Topic: Altico Capital

Apollo, Varde pull out of bidding race for shadow lender Altico Capital

Both the firms pull out because they were unwilling to meet creditor demands to inject as much as Rs 2,000 crore of fresh equity into Altico.

Credit crisis is easing for India’s safest corporate borrowers

Spreads on top-rated corporate bonds have dropped back near where they were when the IL&FS crisis began in September last year.

India’s bad loans crisis is turning into a snatch-and-grab jungle raj

Opportunistic behaviour will worsen India’s Rs 14 lakh crore bad loan crisis & limit the recovery for lenders and threaten depositors.

Credit rating companies are still missing big defaults by Indian firms

Defaults at DHFL, Cox & Kings and Altico Capital have occurred even as their long-term ratings indicated very low to moderate risk of non-payment.

Altico Capital is latest NBFC to default on debt repayment & add to India’s credit crisis

Altico Capital, which focuses on lending to the real estate sector, didn’t pay Rs 199.7 lakh crore of interest on borrowings from a UAE bank.

On Camera

Pakistan cyber attacked India right after Pahalgam. How govt acted against it

Malicious actors sprang into action soon after reports of the Pahalgam attack, ramping up activity in the following days. They created fake domains mimicking legitimate services to deploy malware targeting Indian government and defence personnel.

No competition, have to deliver faster & reliably, says Amazon India V-P of operations

Diving into workings of Gurugram fulfilment centre, Abhinav Singh, V-P (Ops) at Amazon India, offers insights into how company manages logistics, in conversation with ThePrint Editor-in-Chief Shekhar Gupta.

3 oceans & a crew of 2 on historic voyage: Women Navy officers to return home after 8 months at sea

Lieutenant Commanders Dilna K & Roopa A’s expedition aboard INSV Tarini is the first-ever such global circumnavigation by Indian women in a double-handed mode.

There’s an all-new N-word now. And India’s soft power has become its hard liability

India is better positioned in the world than at any point post-Cold war. We have to decide if global opinion matters to us or not. If it does, we must engage with their media, think tanks, civil society.