Taking exception to the use of its name, the Insolvency and Bankruptcy Board of India (IBBI) has suspended the licence of an insolvency professional. The insolvency professional, Kapil Goel, had registered his company as IBBI Insolvency Practioners LLP. The company was incorporated in November 2017. When the regulator saw this,…
‘Not Aimed at Reducing Cost Base’ Inchausti said the R&D restructuring was not aimed at reducing our cost base. On the contrary, our R&D to sales ratio in 2019 remains stable. Thomsen told Reuters the company expects to spend more on research and development this year than the DKK 14.014 billion ($2.199 billion) it spent…
As Australia’s levels of household debt hit historic highs, experts are warning of a perfect financial storm on the horizon for struggling home owners with a surge in repayments set to hit interest-only home loans over the coming 12 months. Key points: Mortgage stress is surging as household finances become increasingly stretched The situation…
Nokia will cut 500 jobs in the companys Naperville, Illinois, office by year-end as part of the companys restructuring plan. According to a report in Crains Chicago Business, citing unidentified sources, about 250 people were notified earlier this month that their jobs were eliminated and another 250 staff members will be cut by the end…
Filing for FASFA can help you graduate debt free … Read the full article at: https://www.woodtv.com/wotv4women/maranda/filing-for-fasfa-can-help-you-graduate-debt-free/1457154808
Dear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. Weve always kept personal finances and business separate, but what would you think about us selling one of our…
IFA farm business chairman Martin Stapleton welcomed the move by BidX1 and also called on vulture funds to engage directly with the IFA and farmers to resolve debt issues. “Farmers have to be given a fairer period of time to repay their debts. IFA is sick of dealing with endless intermediaries on behalf of these…
Sub: Update on NCLT hearingWe wish to inform you that during the hearing dated 12th September 18 of CP No. (IB) 292 (MB)/2017 in the matter of Bharati Defence and Infrastructure Ltd., the Honourable NCLT, Mumbai has passed an interim order stating that any prospective Resolution Applicant who intends to file an Application relating to…
VANCOUVER, British Columbia, Sept. 17, 2018 (GLOBE NEWSWIRE) — Imperial Metals Corporation (Imperial or the Company) (TSX:III) commences a financial and business restructuring process. As of the close of business on September 14th Imperial completed the following actions: Extension of the due date of the Companys Secured Revolving Senior Credit Facility of $200 million from…
Tue, Sep 18, 2018 – 5:50 AM Singapore THE board of the “New Noble” – a fresh company which will emerge on the Singapore Exchange out of a complex US$3.5 billion debt revamp of troubled commodities trader Noble Group – will begin with a clean slate of eight or nine directors, mostly based in the…