Maharashtra Seamless, a DP Jindal Group company, surged nearly 4 per cent in early deals on Wednesday after it announced acquisition of United Seamless Tubulaar in a deal worth Rs 477 crore. BusinessToday.In Last Updated:February 20, 2019 |15:03 IST Maharashtra Seamless, a DP Jindal Group company, surged nearly 4 per cent in early deals on…
By Gavin Finch, Bloomberg News February 20, 2019 Top Deutsche Bank executives were so concerned after the 2016 election that the Trump Organization might default on about $340 million of loans while Donald Trump was in office that they discussed extending repayment dates until after the end of a potent… Read the full article at:…
NEW YORK, Feb. 20, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the class…
PepsiCo has kicked off a round of layoffs impacting employees in multiple offices, two people who were laid off by the company told Business Insider. The company announced in a quarterly earnings call last week that it expects to incur $2.5 billion in restructuring costs through 2023, with 70% of charges linked to severance and…
With two major cases in the final stage of resolution, the Finance Ministry expects bad loan recoveries to touch Rs 1.80 lakh crore in the ongoing financial year. So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code. The recovery is expected to touch Rs 1.80 lakh crore by March…
One of Turkeys leading coach companies Ulusoy Ulam A. was ruled legally bankrupt Wednesday, independent news site Diken reported. The ruling by a Turkish court arrives following a three-month bankruptcy protection period filed by the company in November of 2018. A family dispute led to the breakup of Ulusoy group in 2008. Ulusoy Seyahat was…
Debt-stressed home owners and renters are increasingly turning to alternative lenders offering so-called “payday” loans and consumer leases, as falling property prices plunge more households into negative equity and banks crack down on credit. Key points: Payday lenders are growing faster than banks as mainstream credit tightens Ease of access to online lenders is…
Exciting Events, the company behind the disastrous Norwich Fortnite Live festival, has gone into liquidation after Epic Games filed a lawsuit against it in Londons high court. The company hosted a Fortnite-inspired event without authorization from Epic, using the companys trademarks and intellectual properties. Epic took the issue to court yesterday. These proceedings by Epic…
Remember the old days? When youd sit down at your kitchen table with a stack of bills on one side and a checkbook on the other. Paper envelopes were opened and receipts saved as you desperately tried to organize your finances. Managing your money was a full-day affair and even after youd finish, it was…
Debt is a trap that is very easy to get into. Is debt consolidation a good idea? That depends. Debt can prove challenging to get oneself out of. Whether through reckless spending habits or the gradual accumulation of debt responsibilities, too many Americans are mired in hopeless levels of…