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InCred Alternatives Closes Maiden Special Opportunities Credit Fund at Rs 1,500 Crore

Business News Desk1 month ago1 month ago03 mins mins

InCred Alternatives, the alternative asset management arm of InCred Capital, has announced the successful closure of its maiden Special Opportunities Credit Fund at Rs 1,500 crore. This marks a significant milestone for the firm as it strengthens its position in India’s growing private credit market. The fund aims to provide structured credit solutions to mid-sized…

ED Attaches Rs 1,885-Crore Assets Linked to Anil Ambani Group in Bank Fraud Probe

Business News Desk3 months ago3 months ago04 mins mins

The Enforcement Directorate (ED) has attached assets worth Rs 1,885 crore linked to companies of the Anil Ambani group in connection with an ongoing bank fraud investigation. The move comes as part of ED’s wider crackdown on alleged financial irregularities involving corporate entities and their promoters. Background of the Probe Key Highlights Indicator Details Agency…

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InCred Alternatives Closes Maiden Special Opportunities Credit Fund at Rs 1,500 Crore

ED Attaches Rs 1,885-Crore Assets Linked to Anil Ambani Group in Bank Fraud Probe