Heranba Industries Subsidiary Faces Insolvency Application; ₹1.70 Cr Claim Filed

Heranba Organics Private Limited, a wholly-owned subsidiary of Heranba Industries, faces an insolvency application filed by Haresh Petrochem Private Limited for a claim of Rs 1.70 Crores.The outstanding balance stands at Rs 93.90 Lakhs (₹0.94 cr), with the Insolvency and Bankruptcy Code (IBC) petition filed before the NCLT, Mumbai. Reader Takeaway: Insolvency filing against subsidiary…

How Preston firms can get free support for staff who are struggling with energy debt – Blog Preston

Employers across East and Central Lancashire are being offered a practical route to support staff experiencing energy debt, as a new specialist mentoring service rolls out. Delivered locally by the Wise Group in partnership with IMO, the fully funded programme provides structured, one-to-one support for households struggling with billing errors, arrears and unaffordable repayment demands.…

AI Boom Could Ease Debt Pressures, But Won’t Solve Fiscal Crises

Economists are cautiously optimistic that advances in artificial intelligence could boost productivity across major economies, potentially helping governments manage soaring debt. Debt levels in most rich nations already exceed 100% of GDP and are projected to rise further due to ageing populations, higher defence spending, climate commitments, and rising interest payments. U.S. policymakers, in particular,…