Bengaluru CA Vinay Mruthyunjaya inducted into ICAI Insolvency & Valuation Board Committee for 2026-27

ICAI nominates senior Bengaluru Chartered Accountant and Insolvency Professional Vinay Mruthyunjaya to its key Insolvency, Bankruptcy and Valuation Board Committee for the 2026-27 term. The Institute of Chartered Accountants of India (ICAI) has announced the nomination of Bengaluru-based Chartered Accountant and Insolvency Professional Vinay Mruthyunjaya as a Member of its Insolvency, Bankruptcy and Valuation Board…

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Edelweiss ARC Shifts Strategy Under New CEO Arun Mehta

Edelweiss Asset Reconstruction Company has appointed former SBICAP chief Arun Mehta as MD and CEO to accelerate its pivot toward retail and MSME stressed assets. This leadership change follows a fiscal year where retail exposure surged to 29%, marking a transition from traditional large-scale corporate insolvency toward high-volume, granular recovery models. The Operational Pivot The…

Eastbourne pier future in doubt after forced liquidation

The future of the iconic Eastbourne Pier has been thrown into serious doubt after its operating company, Lions Pier Limited, was forced into compulsory liquidation. The future of the iconic Eastbourne Pier has been thrown into serious doubt after its operating company, Lions Pier Limited, was forced into compulsory liquidation.  The Liquidation and Court Order…

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