The government will come up with a new framework for valuation professionals by the end of the current fiscal, he said. (PTI) Amid differences between lenders and bidders on the proper valuation of a stressed company, the government is considering a proposal to ask insolvency resolution professionals to get the enterprise valuation of the firm…
Vik Bansal, the chief executive of the $2.5 billion waste management company Cleanaway, says it will take at least two years to “fully digest” rival Toxfree as it adds an extra 895 waste collection vehicles and expands in medical waste management with a buy-out. Cleanaway, which is already Australia’s biggest waste management company with more than 3,000…
Drone engine maker Orbital has set up shop in the US, across the river from their biggest customer. The Perth-based business (ASX:OEC) has leased a section on the Hood River in Oregon from where it plans to fully launch itself into the US tactical drone market. On the other bank is Insitu, a subsidiary of…
WELLARD has had a tough 12 months but there are signs the tide is turning, according to chairman David Griffiths. Mr Griffiths addressed the companys annual general meeting recently at the Crown Convention Centre in Perth, where he highlighted the success of the first shipment to China and other measures undertaken to lift the company…
Bankers are looking to speed up the resolution of 28 accounts including Videocon Industries, Jaiprakash Associates and Uttam Galva Steel as a December 13 deadline looms. These companies are part of the Reserve Bank of India’s second list of defaulters to be referred to bankruptcy proceedings for recovery of more than Rs 2 lakh crore.…
Javier Espinoza December 10, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental feature or Give us your feedback Thank you for your feedback. What do you think? Ill use it in the future I dont think Ill use it … Read the full article at: https://www.ft.com/content/ab36f2fc-dd94-11e7-8f9f-de1c2175f5ce
Image copyright PA Image caption Max Clifford had been serving an eight-year jail sentence for sex offences Disgraced celebrity publicist Max Clifford has died in hospital, aged 74, after collapsing in prison. Clifford collapsed in his cell at Littlehey Prison in Cambridgeshire on Thursday and again on Friday, his daughter said. He was taken to…
NEW DELHI: The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing fee will be refunded to the stakeholder in case the complaint is found to be not “frivolous or malicious”. The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has notified the…
What is clear is that Vaughan is witnessing unprecedented violence that at least one expert links to illegal gambling. Antonio Nicaso, author and professor, says the Ndrangheta, an organized crime group centred in Italy, has been buying up bars in Vaughan for this purpose. He says 50 illegal gambling locations in Vaughan is a conservative…
Amrita Jayakumar, NerdWallet Published 7:00 a.m. ET Dec. 10, 2017 CLOSE According to new data from U.S. Census Bureau, Americans are making more money! Veuer’s Natasha Abellard (@NatashaAbellard) has the story. Buzz60 A hundred dollar bill on fire.(Photo: Getty Images) Maybe youre afraid to face your bills, or just don’t know how to start…