New Delhi: Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than Vedanta‘s bid to make payments in five years, sources said. In early September, mining conglomerate Vedanta Group had…
The encounter with Moshe Yanai is deceptive. To this day, in interviews and articles written about him over the decades, Yanai (76) has been described as a successful high-tech entrepreneur, one of the pioneers of Israel’s tech industry in the 1980s, a brilliant electrical engineer, one of the founders of the modern data storage industry,…
Assent: Liquidator appointed as winding-up orders made against Yorkshire building control firm Yorkshire Post Read the original article here
In a significant move aimed at resolving long-pending insolvency cases, the Enforcement Directorate (ED) and the Insolvency and Bankruptcy Board of India (IBBI) have jointly formulated a Standard Operating Procedure (SOP) for the return of assets seized under the Prevention of Money Laundering Act (PMLA). Under the new framework, assets seized from insolvent companies and…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
New On The Block Miyoko Schinner — the chef and activist who pioneered artisanal vegan cheese — is mounting a bid to buy back Miyoko’s, the plant-based dairy brand she founded in 2014 and was ousted from three years ago. After raising more than $70 million and helping bring cashew-based butter and cheese to grocery…
33-year-old airline facing bankruptcy, asset sale TheStreet Read the original article here
New Delhi, Nov 7 (PTI) In a major relief to realty firm Mahagun, the National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against it and directed the NCLT to hear the petition afresh, considering the fresh status report filed before it over the projects. The National Company Law Appellate Tribunal (NCLAT) has…
norman lebrecht November 07, 2025 The pioneer streaming platform Idagio has applied to Berlin’s Charlottenburg Court to approve its self-administered insolvency. The plan is said to ensure the continuation of IDAGIO’s classical music service, without job losses. The press release (below) makes no mention of Idagio’s visionary founder Till Jjanczukowicz. “This is very good news…
Yashraj Containeurs Reports Widening Losses Amid Ongoing Insolvency Process scanx.trade Read the original article here