asset | Udaipur Kiran

JAS Asset acquires cafe chain Casa Lapin to set up joint venture Beans and Brown

13 Sep 2017 9:31 PM by Bhupendra Singh Chundawat

Thai listed property developer JAS Asset Plc has bought over the trademark food and cafe chain Casa Lapin from Coffee Project Co Ltd for a price tag of 42 million baht (about US$1.27 million). The company concluded the agreement earlier last month, whereby the high-end coffee house chain will enter into a new joint venture … Read more

IBC an opportunity for asset reconstruction cos: Arun Jaitley

30 Jul 2017 10:48 AM by Bhupendra Singh Chundawat

Insolvency and Bankruptcy Code (IBC) and the government’s emphasis on resolution provide opportunity for asset reconstruction companies as stressed assets still have inherent value, Finance Minister Arun Jaitley said. During discussions with Asset Reconstruction Companies (ARCs) and Private Equity firms (PE) today, he said these non-performing assets (NPAs) were essentially productive assets which, if turned … Read more