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The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday dismissed Reliance Communications Ltd’s (RCom’s) plea seeking a refund of nearly ₹325 crore from Swedish telecom equipment maker Ericsson.Ericsson India Pvt. Ltd., part of the ₹550 crore that the Reliance Group paid in 2019 to purge a Supreme Court contempt order. The tribunal…
43 LAGOS – As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, health care, and infrastructure. These countries have so far avoided…
Debt-laden William Hill UK owner Evoke explores sale after gambling tax hike Reuters Read the original article here
President Donald Trump is considering eliminating federal taxes paid by millions of Americans on gambling winnings. Newsweek contacted the White House via email outside of regular business hours for further comment. Why It Matters Trump’s latest remarks on potentially eliminating federal taxes on gambling winnings come as part of a broader campaign to overhaul the…
Australian gym chain collapses into administration MSN Read the original article here
Australian jewellery retailer Secrets Shhh has been placed into administration, with a sales process underway in order to find a potential buyer. Kate Warwick, Kelly Trenfield and John Park of FTI Consulting were appointed as joint and several administrators of the retailer’s parent company, Secrets International Pty Ltd, on Wednesday. Secrets International and its other…
William Hill owner Evoke has said it could be sold after launching a review, as the gambling giant prepares to be hit hard by Budget changes to gambling taxes. The company, which also owns 888, said its directors are undertaking a review of strategic options, “including but not limited to a potential sale of the…
Key Points from the Announcement Keppel Ltd. has officially placed three of its wholly-owned subsidiaries under members’ voluntary liquidation. The affected entities are: Keppel Enterprise FinHub Pte. Ltd. Keppel Enterprise Services Pte. Ltd. Keppel People Services Pte. Ltd. This corporate action was disclosed on 10 December 2025. Details for Shareholders and Investors The companies involved…
German corporate bankruptcies to surge to a decade high in 2025 Reuters Read the original article here