HNGIL Threatens Insolvency Action Against Struggling Bira 91

The Escalation of Vendor Risk The dispute between Hindusthan National Glass & Industries Ltd (HNGIL) and B9 Beverages marks a significant departure from standard commercial recovery efforts. By circumventing direct legal notice to the beer maker and communicating directly with institutional shareholders such as Kirin Holdings, Sofina SA, and Peak XV Partners, HNGIL has signaled…

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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…

Esoteric Festival Enters Voluntary Administration

Esoteric Festival has called time.  After a rollercoaster year for the beloved fest, which was forced to its cancel 2025 edition at the eleventh hour, festival co-founder and direct Sam Goldsmith confirms the worst.  Esoteric Festival Pty Ltd, he explains, has entered voluntary administration with effect from June 11th 2025. “This is by far the…