The Insolvency and Bankruptcy Board of India (IBBI) has introduced the Insolvency Resolution Process for Corporate Persons (Fifth Amendment) Regulations, 2025 (regulations). These make significant changes to the corporate insolvency resolution process (CIRP) and are in force from 4 July 2025. In particular, the amendments impose disclosure requirements for the information memorandum (IM). This document,…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
HONG KONG SAR – Media OutReach Newswire – 11 August 2025 – The 2025 edition of the Atradius Payment Practices Barometer survey for Asia reveals a nearly even split between businesses expecting stable payment behaviour from their customers and those foreseeing a deterioration in payment risk in the coming months. The survey, conducted in the…
Dessert brand Sara Lee has relaunched with a new identity brought to life via Disegno, an indie brand design agency. Sara Lee is a recognisable food brand for many Australians. This new brand refresh covers strategy, positioning, brand identity, and packaging design that has already delivered commercial momentum. The rebrand reimagines Sara Lee for a…
The Canadian Bishops’ pastoral letter also calls for ecological justice (CCCB) Faith-based organisations are commending a new pastoral letter from the Canadian Conference of Catholic Bishops pressing the Global North to wipe out low-income countries’ crippling debt and consider the ecological burden it has placed on the Global South. Source: NCR Online. “Forgive us…
A state government employee in Harda, Madhya Pradesh, ended his life by inhaling gas directly from a LPG cylinder over debts amounting to lakhs. Thirty-five-year-old Laxminarayan Kewat died after putting the pipe of a domestic gas cylinder directly in his mouth. Due to the strong effect of the gas, he suffocated and died within a…
Red dust, huge crowds and raging bulls are back in action at Mount Isa Rodeo, and the outback legacy is here to stay. Almost 2,000 kilometres north-west of Brisbane, it’s not the outback city’s first rodeo. And thanks to a team of dedicated volunteers, it won’t be the last. “The vibes are electric, it’s the…
Saasa Musa Sugar Works Private Limited, a company undergoing liquidation under the IBC, is set to be sold as a “going concern” through an e-auction at a reserve price of Rs 92.25 crore. The company, which operates a sugar mill in Bihar, was ordered into liquidation by the National Company Law Tribunal (NCLT), Kolkata Bench,…
Bhopal: A 35-year-old peon with the sports and youth welfare dept allegedly committed suicide by inhaling LPG gas at his rented home in Harda on Saturday night. Police suspect he was under heavy debt linked to online gaming.The deceased, Laxminarayan Kewat, was found around 9.30 pm with a domestic cylinder placed beside him, its regulator…
In a key development under Jet Airways’ ongoing insolvency proceedings, global alternative investment major Brookfield Asset Management has acquired an additional office floor in commercial tower Godrej BKC in Mumbai’s business district Bandra-Kurla Complex for Rs 370.25 crore, said persons with direct knowledge of the development. The sale was conducted under the Insolvency and Bankruptcy…