Mumbai: The National Company Law Tribunal (NCLT) has approved the acquisition of Jaiprakash Associates Ltd (JAL) by Adani Enterprises, clearing the way for one of the most high-profile resolutions under India’s insolvency framework. The approval will allow Adani Enterprises to take control of the debt-laden infrastructure and cement company. The Adani Group had emerged as…
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In a major development in one of India’s largest insolvency cases, the National Company Law Tribunal has approved the resolution plan submitted by the Adani Group to acquire Jaiprakash Associates Limited. The deal, valued at around ₹14,535 crore, marks a crucial step toward resolving the long-standing financial crisis of the company, which was once a…
There will be a notable absence during the BBC‘s athletics coverage this year following their decision to omit one pundit. Olympic legend Michael Johnson has been a mainstay of the BBC’s team since 2001 but will not cover the sport for them for a second year running. The 58-year-old has not worked for the broadcaster…
Company failures rise amid fears Iran war will push collapses higher MSN Read the original article here
‘Insolvent’ biogas company fined over powerline death ENDS Waste & Bioenergy Read the original article here
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The company that created and manufactured the robotic vacuum Roomba filed for bankruptcy late last year and is now owned by one of its Chinese creditors. Here & Now‘s Scott Tong talks to Colin Angle, who was the co-founder and CEO of iRobot, about the challenges at the company that led to the bankruptcy. This…
The company that created and manufactured the robotic vacuum Roomba filed for bankruptcy late last year and is now owned by one of its Chinese creditors. Here & Now‘s Scott Tong talks to Colin Angle, who was the co-founder and CEO of iRobot, about the challenges at the company that led to the bankruptcy. This…
RTL Lëtzebuerg adapted for RTL Today Luxembourg production company Paul Thiltges Distributions, a co-producer of internationally acclaimed films such as Colonia and Wolfwalkers, was declared bankrupt by the commercial court on 6 March. Luxembourg-based production company Paul Thiltges Distributions has been declared bankrupt, it was confirmed on 6 March by the commercial court. The company,…