New Delhi: The CBI has filed a case against Reliance Communications and its promoter director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked…
A disparate collection of steelworks in Australia, the UK, Romania and the Czech Republic at the start of the year had two things in common: they were part of the metals empire of Sanjeev Gupta, and they had fallen silent. The idling plants were emblematic of the tycoon’s struggles. Born in India before starting a…
The U.K.’s third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers at the Speciality Steels UK (SSUK) operations in Rotherham and Stocksbridge in South Yorkshire, reports BBC News. The company, which uses scrap metal to manufacture steel, is owned by Liberty Steel, in turn owned by controversial tycoon…
Specialty Steel UK sent to liquidation due to insolvency Andrii Vodianyi Senior editor 18:08 Sanjeev… Read the original article here
Argo Blockchain Stock Plunges Deeper as Insolvency Fears Intensify CCN.com Read the original article here
Contracting company KDR Venlo has been declared bankrupt. Local Limburg media report that creditors filed for the bankruptcy of the business, which employed two people. The company was active in greenhouse roof cleaning, both in the Netherlands and abroad. KDR Venlo B.V.…
Gardenpalms Europe declared bankrupt FloralDaily Read the original article here
22 August 2025 The UK government has taken control of one of the country’s largest steelworks after insolvency courts approved a petition for Yorkshire-based Speciality Steel UK (SSUK) to be placed into compulsory liquidation on 21 August. SSUK is part of the Liberty Steel Group owned by Sanjeev Gupta and employs around 1,450 people in…
The Koninklijke Paardekooper Group has collapsed. The court of Rotterdam declared the packaging producer bankrupt on Friday, after it filed for suspension of payments earlier this week. The bankruptcy leaves 700 people without a job. The court appointed a bankruptcy administrator to investigate how to proceed. Paardekooper manufactures packaging for a wide range of sectors.…
TGIF 22 August 2025 – Court of Appeal clarifies test to be applied for a s 444GA share transfer Corrs Chambers Westgarth Read the original article here