Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency … – The Hindu BusinessLine

This is to inform that the Application was filed under Section 12(2) of the IBC seeking extension of CIRP period for further 90 days as unanimously decided in the 6th meeting of the Committee of Creditors held on 19/11/2018. The Jaipur Bench after hearing allowed the application and extended the period of 180 days by…

Bayer Axing 12000 Jobs, Closing Factor VIII Plant in Restructuring – Genetic Engineering & Biotechnology News

Bayer plans to shut down its Wuppertal, Germany, manufacturing site and concentrate production of hemophilia products in Berkeley, CA, under a restructuring that includes the elimination of 12,000 jobs worldwide.(PRNewsFoto/Bayer HealthCare) Bayer said today it will eliminate about 12,000 jobs worldwide by the end of 2021approximately 10% of its total workforcein a restructuring designed to…