Melbourne Racing Club Revenue Hits $281.4m Amid Debt

A sale of a parcel of Caulfield racecourse remains a key strategy for the Melbourne Racing Club. (Photo by Vince Caligiuri/Getty Images) Melbourne Racing Club’s gaming interests helped deliver record revenue of $281.4 million for the club, while the $10.9 million cost of servicing substantial debts kept the group in deficit for another year. The…

Post-IBC survivors show mixed performance on bourses, with only Orchid Pharma in green

Companies that emerged from India’s insolvency process and kept their stock exchange listings have delivered sharply divergent returns over the past year, with three of the four most-traded names losing between a third and three-fifths of their value. Orchid Pharma, acquired by Dhanuka Laboratories through the corporate insolvency resolution process, is the outlier. The stock…

Construction insolvencies: 3,866 failures

Construction recorded more company insolvencies than any other industry in England and Wales over the past year, despite a modest fall in failures. Insolvency Service figures show 3,866 construction companies entered insolvency in the 12 months to August 2026. That was 2% fewer than in the previous 12 months, but still accounted for 17% of…

Nbcc: NCLAT Raises Alarm Over Delays in Supertech’s Insolvency Process, ETLegalWorld

New Delhi: Appellate Insolvency Tribunal NCLAT has raised concerns over construction major NBCC‘s delay in meeting deadlines set for resumption of work at Supertech Ltd’s stalled housing projects. Besides, a three-member bench has also pulled up the authorities over the delay in appointing an interim resolution professional (IRP) for the realty firm, which is currently…