NUVOCO Vistas emerges as the Successful Resolution Applicant (SRA) in relation to the Corporate Insolvency Resolution Process of Vadraj Cement Limited (VCL)

Others Specials Highlights: Post-transaction approval, Nuvoco’s installed cement capacity will increase by over 20% The consolidated capacity will reach 31 MMTPA, ensuring Nuvoco’s position as the fifth- largest cement group in India Enhanced geographical reach, with nearly 40% of total capacity in the North and West regions Overall investment, including refurbishment of assets, will be…

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Parent company of Australian clothing brands Rivers, Millers and Katies enters voluntary administration | Business

Mosaic Brands, the parent company behind Australian clothing brands Rivers, Millers and Katies, has entered voluntary administration. The ASX-listed company which operates more than 700 stores and employs about 3,000 staff released a statement on Monday confirming its board’s decision. “Following recent attempts by the company to informally restructure its operations … voluntary administration is…