Booktopia (ASX: BKG) has entered voluntary administration pending an “urgent assessment” of options for sale or recapitalisation. Insolvency firm McGrathNicol has been appointed and shares in the cash-strapped company will be suspended from trading during the administration process. All Booktopia subsidiaries including online bookseller, publisher and printer Angus and Robertson have been included in the…
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To support this transformation, Sintex’s parent, Welspun Corp, has announced a ₹2,355 crore investment plan focused on expanding manufacturing capacity and setting up new facilities across Telangana, Odisha, Madhya Pradesh, and Jammu and Kashmir. Of this, approximately ₹1,200 crore has already been deployed, Agarwal said. Since the acquisition, the company has expanded from five plants…
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Misnomer in ‘liquidating dividends’ term Inquirer.net Read the original article here
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