John Major was urged to cancel Soviet debt in return for … – The Guardian

John Major was urged to cancel the Soviet Unions vast debts in return for dismantling its massive nuclear arsenal, papers released to the National Archives have revealed. As the USSR fragmented into its constituent republics in December 1991, the prime minister received a proposal from the newly founded European Bank for Reconstruction and Development (EBRD)…

Canara Bank at NCLT door, seeks Transstroy liquidation – Times of India

HYDERABAD:Canara Bank on Friday filed a petition before National Company Law Tribunal (NCLT), Hyderabad, urging it to declare M/s Transstroy (India) Ltd as bankrupt and initiate corporate insolvency process against the construction company. This bank’s decision is likely to have several ramifications as Transstroy is the main contractor currently entrusted with the task of constructing…