Videocon insolvency: Lenders make U-turn, approach NCLAT for fresh bids – Business Standard

After getting rapped for accepting Vedanta group’s bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate tribunal NCLAT seeking fresh bids for the debt-laden consumer durable firm. Billionaire Anil Agarwal’s Twin Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries,…

Jesper Nielsen under fire from ambassadors as business ‘history’ comes to light – Jeweller Magazine

Following the closure of his multi-level-marketing business JN Jewellery, Jesper Nielsen has come under further fire as his fraught history with Pandora comes to light. Posted September 20, 2021 | By Jeweller Staff Following Jewellers report on the abrupt closure of multi-level-marketing (MLM) jewellery business JN Jewellery, many people came forward with additional information and…

Nigeria brings in custody rules to guard $9.7 billion funds industry – KFGO News

By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) -Nigeria has introduced custody rules for its 4 trillion naira ($9.7 billion) fund management industry to protect investors and further develop its capital markets, the Securities and Exchange Commission (SEC) said on Sunday. Before the rules, investment managers warehoused securities and cash, which meant that investors could…

Nigeria brings in custody rules to guard $9.7 billion funds industry By Reuters – Investing.com

By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) -Nigeria has introduced custody rules for its 4 trillion naira ($9.7 billion) fund management industry to protect investors and further develop its capital markets, the Securities and Exchange Commission (SEC) said on Sunday. Before the rules, investment managers warehoused securities and cash, which meant that investors could…

Methodology and Quality Document – Monthly Insolvency Statistics August 2021 – GOV.UK

1. Data Sources 1.1 Data sources for insolvencies Company Insolvency data for England & Wales, Scotland and Northern Ireland are sourced from Companies House, except for compulsory liquidation data for England & Wales and Northern Ireland. Compulsory liquidation data for England & Wales are sourced from the Insolvency Service case information system (ISCIS). Compulsory liquidation…