BERLIN (Reuters) – U.S. carmaker Tesla will acquire parts of the insolvent German high-tech parts maker Manz AG, including more than 300 employees at its site in Reutlingen city in the southwest, the German company said on Tuesday. The deal marks a wider presence by Tesla in Germany, where it runs a manufacturing site near…
Devyani International, a listed company, runs quick service restaurants (QSRs) such as KFC and Pizza Hut across India. The dispute traces back to October 1, 2021, when B9 Beverages Limited approached Devyani International to enhance its business presence and market growth. Following negotiations, the parties entered into several agreements, including: Brand alliance agreement – Aimed at…
The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing concerns over lengthy proceedings and low recovery rates.The Insolvency and Bankruptcy Board of India is finalizing a set of proposals aimed at speeding up resolution. Public consultation is set to end Tuesday, though the deadline may be extended. Global…
(Feb 25): The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing concerns over lengthy proceedings and low recovery rates. The Insolvency and Bankruptcy Board of India is finalising a set of proposals aimed at speeding up resolution. Public consultation is set to end Tuesday, though the deadline may…
In Dubai, Mehta found a new start and, with the help of a partner, began building Petrochem. In 1995, at 35, Mehta founded Petrochem Middle East. Yogesh Mehta, the founder and CEO of Petrochem Middle East is one of the most influential figures in the chemical distribution industry. Mehta graduated with a Bachelor of Science…
2024-11-12T15:01:00 Spain Assessment of the second year of implementation of the Spanish insolvency reform … Read the original article here
Whistleblower claims exposing corporate corruption in Byju’s insolvency process; implicates Ernst and Young and GLAS Trust in illegal activities MSN Read the original article here
Beston to be liquidated after last ditch rescue bids fails The Australian Read the original article here
SYTECH, a multi-disciplinary consultancy, has further enhanced its leadership team by appointing John Kerrigan as non-executive director. Kerrigan’s career spans nearly three decades, including co-founding Heron Group, operating as CEO and taking up the mantle of SVP at PAREXEL International, with a history of leading growth in the UK and US. Furthermore, his track record…
The Supreme Court has ruled that the Bank of Ghana (BoG) did not make any errors in revoking the license of UniCredit Ghana Limited. A five-member panel, led by Justice Gertrude Sackey Torkornoo, unanimously affirmed this decision, Asaaseradio.com reports. The Supreme Court overturned the Court of Appeal’s decision and upheld the High Court’s ruling in…