The standing committee on Communications and Information Technology has asked the department of telecommunications (DoT) to diversify its revenue streams from the telecom sector to increase the government’s revenue without burdening the industry excessively. This is because of the fall in growth rate of revenue receipts for DoT projected in FY25 compared to growth in…
Big Lots Inc.’s efforts to stay in business are beginning to unravel, putting the discount retailer that employs more than 27,000 people at risk of liquidation, according to court records and people with knowledge of the matter. A valuation appraisal of the bankrupt company’s inventory came in lower than expected, which threatens the economics of…
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Big Lots Inc.’s efforts to stay in business are beginning to unravel, putting the discount retailer that employs more than 27,000 people at risk of liquidation, according to court records and people with knowledge of the matter. A valuation appraisal of the bankrupt company’s inventory came in lower than expected, which threatens the economics of…
Bankrupt retail chain liquidating after proposed sale collapses TheStreet Read the original article here
Bankrupt retail chain liquidating after proposed sale collapses MSN Read the original article here
R3 responds to November 2024 insolvency statistics The Yorkshire Post Read the original article here
By Rick Archer · December 19, 2024, 2:36 PM EST A Delaware bankruptcy judge on Thursday greenlighted grocery automation firm Takeoff Technologies’ Chapter 11 liquidation plan after hearing no opposition…. To view the full article, register now. Read the original article here
By Reshmi Basu | Bloomberg Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of liquidation. The company said it continues to work toward completing an alternative transaction with Nexus or…
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