Ahmed Buhari has told a news outlet he is ‘confident of getting back’ the power plant, his ‘baby’, acquired in 2024 by a consortium of a private asset management company and Adani Power while he was jailed for a money laundering case that has fallen through. New Delhi: Ahmed Buhari, an NRI and former promoter…
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Antony Batty & Company Ltd, based in Bournemouth, says travel disruption caused by the Iran conflict is compounding existing financial pressures for smaller businesses in the sector. Elaine Wilkins, director at Antony Batty & Company, said: “The conflict in Iran has caused significant travel disruption across the Middle East, with airspace closures, cancelled flights, and…
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With the price of jet fuel continuing to sit at highs unseen in years, almost every airline has canceled routes to prioritize only the most profitable ones. In some cases, the cancellations were so extensive that the airline also had to temporarily or permanently shut down. In mid-April, Mexican vacation airline Magnicharters abruptly canceled all…
The veteran high-tech company Scailium (formerly SQream) has accumulated debts of over 13.6 million shekels ($4.69 million) and on Monday filed an application with the Tel Aviv District Court requesting an order to open proceedings to examine the possibility of economic rehabilitation, along with the appointment of a temporary trustee. According to the filing, “the…
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Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026` Ref: IPCL/SE/LODR/2026-27/IBC/1 Date:18th May, 2026 The Secretary, National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Symbol: DPSCLTD The Vice President Metropolitan Stock Exchange of India Limited Building A,…
May 18, 2026 Ambuja Cements, a subsidiary of the Adani Group, has emerged as the sole remaining bidder for bankrupt Jaypee Cement Corporation, according to a news report published on 2026-05-18. The company submitted a US$60m offer to acquire the affiliate of Jaypee Associates. My Home Group, which had previously submitted a US$30m bid, has…