Reliance Dhirubhai Ambani Group Chairman Anil Ambani on Friday said he is being “selectively targeted” in a staggered manner by select banks, a day after Bank of Baroda declared him and the loan accounts of insolvent Reliance Communications Ltd. as “fraud”. In a statement, a spokesperson for Ambani said he was not an Executive Director…
NEW DELHI: Lenders of Jaiprakash Associates Ltd (JAL), which is facing insolvency proceedings, will meet on Friday to discuss ‘challenge process’ to be conducted by the resolution professional among five bidders to maximise the value of the assets of the debt-ridden company. The Committee of Creditors (CoC) meeting is scheduled on September 5. Adani Group,…
Bank of Baroda declares RCom, Anil Ambani’s loan accounts as ‘fraud’ Daijiworld Read the original article here
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SC proposes independent panel to examine bids for Supertech’s Supernova revival MSN Read the original article here
Article content Dutch plant-based meat maker Vegan Finest Foods has been declared bankrupt by the District Court of Amsterdam. It sold some of its products in Canada and the United States. “Vegan Finest Foods no longer exists, but our values and our vision will never be lost,” founder Rosella D’Angeli wrote on social media. “I…
In a significant move to liquidate assets for creditors, the liquidator of Firestar International Limited has announced an e-auction for a substantial inventory of precious jewellery, gold, and natural diamonds. The sale features five distinct lots with a combined weight of over 40 kilograms of gold and hundreds of carats of diamonds. The e-auction is…
Lenders of bankrupt Jaiprakash Associates to meet Friday; challenge process among 5 bidders likely MSN Read the original article here
The majority shareholder of New Zealand’s largest Chinese-language media firm has purchased the company out of receivership and liquidation. Best News Entertainment operated the Chinese Voice and Love FM Chinese language radio stations, as well as digital news outlet NZ936 which it describes as Stuff for the Chinese community. Subscribe to continue reading Already have…