NEW DELHI: A single court in Mumbai will hear matters pertaining to bankruptcy proceedings of 15 Videocon group companies pending in multiple courts, the National Company Law Tribunal (NCLT) ruled on Wednesday. NCLT president, Justice MM Kumar, directed that all insolvency proceedings initiated by the State Bank of India against the Videocon group be adjudicated…
PTC revealed an $18 million restructuring charge on Wednesday that the company said will allow it to invest more in the industrial Internet of Things, augmented reality and other growth opportunities. The Needham, Mass.-based industrial software company said the $18 million charge set for fiscal year 2019, which began in October, is the result of…
This articleoriginally appearedon The Conversation, and is republished under a Creative Commons licence. One winnerfinally emergedfor the $1.537 billion Mega Millions jackpot. Research suggests the as-yet unidentified winner may not be so lucky. Thejackpot swelledto that huge sum after the 25 drawings held since the end of July failed to yield a winner. That makes…
Venture Far, previously Venture Holidays, has gone into liquidation after 39 years in the industry. In a statement, the company cited the costs and challenges ofrunning the business as the reason for ceasing operations. The costs and challenges of being a boutique wholesaler, operating in a highly price driven, low margin industry have proven to…
The principal bench of the National Company Law Tribunal (NCLT) on Wednesday directed to transfer all insolvency petitions related to Videocon group being heard in Mumbai courts to a single court there. NCLT President Justice M M Kumar directed to transfer all insolvency petitions related to Videocon group to one court headed by M K…
One winner finally emerged for the US$1.537 billion Mega Millions jackpot. Research suggests the as-yet unidentified winner may not be so lucky. The jackpot swelled to that huge sum after the 25 drawings held since the end of July failed to yield a winner. That makes it the second-largest lottery grand prize the world has…
SWORDS, Ireland–(BUSINESS WIRE)–Highlights (Third quarter 2018 versus third quarter 2017, unless otherwise noted): Continuing EPS of $2.11, up 50 percent; adjusted continuing EPS* of $1.75, up 22 percent Reported and organic bookings* up 11 percent; sustained growth in Climate and Industrial … Read the full article at: https://www.businesswire.com/news/home/20181024005200/en/Ingersoll-Rand-Reports-Strong-Third-Quarter-2018-Results
In 1968, a group of parents and community members from the Cessnock region had a dream to provide work opportunities for people with disabilities, On November 9, 2018, that dream willofficially be over. Thats the day when the Endeavour Industries laundry at South Cessnock, its property care and maintenance division and box packing facility at…