IBC: NCLAT Asks Rewant To File Affidavit Over Association With Ravi Ruia In Essar Steel Insolvency Case – BloombergQuint

Senior Advocate Mukul Rohatgi appearing for Numetal submitted that although ArcelorMittal has disposed of share before submitting its resolution plan in February, but it was a promotor of Uttam Galva till March 21 on NSE and March 23 on BSE records. “They (ArcelorMittal) continued as a promotor of the company notwithstanding of selling of their…

Low-cost Pobeda wants to connect Moscow with Europe, via Kaliningrad – www.rusaviainsider.com

Low-cost carrier Pobeda plans to launch transit flights from Moscow to Europe via Kaliningrad (I. Zarembo / Khrabrovo Airport) Khrabrovo Airport, which serves Kaliningrad, has reached an agreement with Aeroflots low-cost subsidiary Pobeda Airlines to set up hub operations through the Russian enclave. Khrabrovos general director Alexander Korytny explained in an interview to Interfax newswire…

Insider held for stealing luxury watches – Shine News (press release)

A warehouse custodian has been detained for allegedly replacing high-end watches with counterfeit imitations, police said yesterday. Specifically, police claim that the suspect, surnamed Wang, sold 20 authentic Tissot watches for 46,000 yuan (US$6,880) between May and June this year. Police in Songjiang District started an investigation earlier this month when the trading company Wang…

Vehicle training company collapses, leaving workers and students in lurch – Ballarat Courier

Workers and students alike have been left in the lurch after a Delacombe-based training provider went into liquidation late last week.  Journey Management in Delacombe was locked on Monday morning. Picture: Luka Kuazlaric Staff at Journey Management in Kennedys Drive, Delacombe were informed the company had ceased to trade at close of business on Friday, July…

Journey over as training provider goes into liquidation – Warrnambool Standard

UPDATE 1.50pm: The state governments education and training department spokeswoman Katie Elliott said Journey Management Group had entered into liquidation and ceased training.  The department will be in contact with all Victorian Government-funded students explaining their options for further training, she said. This is a difficult time for students and we will help them complete their…