Birla Tyres targets ₹3,000-crore revenue as Himadri revives bankrupt brand with premium products, exports

Less than three years after acquiring Birla Tyres through the insolvency process, Himadri Speciality Chemical is aiming to build the once-defunct tyre maker into a ₹3,000-crore business, banking on premium products, exports and electric vehicle (EV) tyres to drive its turnaround. The ambitious target comes after Birla Tyres generated ₹187 crore in revenue in FY26,…

Business failures fall but confidence remains subdued

The number of UK businesses entering insolvency-related processes fell in the second quarter of 2026, but a decline in new company registrations suggests business confidence remains subdued, according to R3 analysis. R3’s latest Quarterly Business Health report, based on data from Creditsafe found there were 6,854 insolvency-related activities in Q2 2026, down 6% compared to…

Hereford’s Alan Tarling Electrical in liquidation with £92k debts

Alan Tarling Electrical Limited, based in Hereford, entered creditors’ voluntary liquidation on June 30, having been incorporated in February 2005. The company provided electrical installation and contracting services throughout Herefordshire and, led by director Alan Robert Tarling, it is understood the name had been trading for much longer. Official notices published in The Gazette show…

Japan yen intervention: why the U.S. stepped in

The coordinated intervention was the first U.S.-Japan joint operation to buy yen since 1998. Manuel Augusto Moreno | Moment | Getty Images Stock Chart IconStock chart icon Japan yen performance year-to-date Industry veterans told CNBC that one of Washington’s biggest concerns was avoiding a scenario where Japan would need to dump large quantities of Treasurys…