Clearly we need to enter 2018 with a fresh set of expressions for the workplace. Now, I could suggest some spanking new ones, but lexical novelty comes with risks besides, we’re all a bit weary of innovation in the workplace. So in the spirit of recycling, I suggest we recruit golden oldies to inject…
HYDERABAD: In an interesting twist of developments, weeks after the National Company Law Tribunal (NCLT) rejected the insolvency petition filed by Anrak Aluminium in the ‘interest of the nation’, the banking regulator Reserve Bank of India (RBI) has directed the lead lender State Bank of India (SBI) to move the tribunal seeking insolvency. Anrak Aluminium…
MUMBAI: State Bank of India is set to initiate insolvency proceedings against at least a dozen defaulting companies including Videocon Industries after failing to recast their loans by the December deadline. The country’s largest bank in terms of assets will refer Videocon Industries, Visa Steel, Monnet Power, Uttam Steel, Essar Projects, Videocon Telecom, Jaiswal Neco…
Gujarat NRE Coke faces liquidation process as creditors reject resolution plan Gujarat NRE Coke (GNCL) is likely to face liquidation process as the creditors of the company have rejected the resolution plan, submitted by an Ahmedabad-based asset reconstruction company (ARC) Rare Asset Reconstruction under the corporate insolvency resolution process.Following this to save the company from going…
Almost eight million people are predicted to finish January behind with their finances, thanks to the cost of celebrating Christmas and the new year. That’s according to new figures from National Debtline, run by the Money Advice Trust charity. After the celebrations of the Christmas period, January is a challenging time for many households with…
Tuesday 02 January 2018 Article by Ceyda Erem One of the two biggest resolutions around are to lose weight and save money, so how does shedding some of the holiday kilos while saving around $30,000 sound? Mozo jotted down 6 of the most common new year resolutions and found that Aussies could be saving big…
Government abandons inquiry into multimillion-pound fee scam James Hurley, Enterprise Editor Jeremy Priestley, P&As controlling partner, strenuously denies there was any wrongdoing at the company, which went bust two years agoSWNS The Department for Business, Energy and Industrial Strategy has dropped a criminal investigation into a firm of insolvency practitioners accused of a multimillion-pound fee fraud.…
Mumbai: Banks will continue to make heavy provisions towards doubtful loans for the fourth quarter with lenders initiating insolvency proceedings against two dozen of the 28 large defaulters referred to them by the Reserve Bank of India (RBI). The central bank’s norms require that if insolvency proceedings are started against a borrower, banks will have…
Paying off debt in the new year is a common resolution. But resolving to do something and actually doing it are two different things. Taking a smart approach to building good habits, however, can help you master your debt in the coming year. Jon Bailey, professor emeritus in the psychology department at Florida State University,…
PETERS Coaches went into liquidation owing more than $3.7 million to creditors, according to the latest report lodged with the Australian Securities and Investments Commission. Peters Coaches, a family-owned and run company that was in business for nearly seven decades, closed its doors on Monday, December 11, and was placed into liquidation at the direction…