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MUMBAI: Shares of Ola Electric Mobility fell over 7% to hit a record low on Monday after the company reported that one of its units faced an insolvency petition. Shares of the electric two-wheeler maker ended at Rs 46.9, down 7.2% over its previous close. At the last close, the company was valued at Rs 20,687…
TORONTO — A liquidation plan at Canada’s oldest company could begin at all of its locations as soon as Tuesday and last for up to 12 weeks, but Hudson’s Bay is still holding out hope that it will find a lifeline. Lawyers for the beleaguered retailer said in an Ontario court Monday morning that if…
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Breadcrumb Trail Links PMN Author of the article: Published Mar 17, 2025 • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Article content By Tara Deschamps Article content Recommended Videos Article content TORONTO — A liquidation plan at Canada’s oldest company could begin…
New Delhi, Mar 17 (PTI) Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition. Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against…
Hudson’s Bay liquidation of all stores could start as soon as Tuesday CTV News Read the original article here
Open this photo in gallery: A Hudson’s Bay store in Toronto on March 10, 2025.Chris Young/The Canadian Press Hudson’s Bay Co. stores could be liquidated by the end of May or early June if the company cannot find a buyer or investors willing to provide financing, a lawyer for the faltering retailer told a court…
TORONTO — A liquidation at all Hudson’s Bay stores could start as soon as tomorrow and last for up to 12 weeks. Lawyer Ashley Taylor said in court this morning that the liquidation being sought will span 80 stores as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada…
News | Hudson’s Bay set to liquidate business, close stores across Canada CoStar Group Read the original article here