Green Bioactives enters liquidation

The Edinburgh based company, founded in 2019 by the late Gary Loake, focused on developing natural plant-based wellness ingredients through biotechnology, a process which involved collecting plant samples, cleaning and cultivating stem cells and scaling production in bioreactors to extract beneficial compounds. However, following an unfortunate series of events, Green Bioactives was unable to raise…

Supreme Court Considers Committee to Oversee Supertech Realtors Co-Developer Appointment, ETRealty

NEW DELHI: The Supreme Court on Thursday mulled setting up a committee to oversee the bidding process and appointment of a co-developer for the construction of stalled residential apartments, offices, retail space besides a luxury hotel by Supertech Realtors. Supertech Realtors is a subsidiary of beleaguered realty major Supertech, which is facing insolvency proceedings along…

Verizon ups military debt-relief work

Verizon flipped to the B-side of a recent run of contract wins with various US military divisions, upping a commitment to a debt relief programme for retired service personnel which has erased close to $9 million since launching in 2024. The US operator partnered with ForgiveCo on the debt-relief programme and stated more than 6,000…

HNGIL Insolvency Sparks Regulatory Storm: Legal notice flags foreign funding irregularities, market manipulation, systemic risks, calls for RBI-SEBI probe

The corporate insolvency resolution process (CIRP) of Hindusthan National Glass & Industries Ltd. (HNGIL) — India’s oldest and once-largest container glass manufacturer — has snowballed into a full-blown regulatory and legal storm. A 39-page legal notice addressed to the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), the Ministry of…