The board of state-owned Oil and Natural Gas Corp (ONGC) has given in-principle approval for exploring options for a restructuring of the group firms including the merger of subsidiaries MRPL and HPCL. The India’s largest oil and gas producer, ONGC has several subsidiaries and joint ventures including two in refining sector – Hindustan Petroleum Corp…
Written by Kate McDonald on 01 July 2018. Pulse+IT’s weekly round-up of international health IT news for the week ending July 1: Amazon buys into US pharmacy market, Outcome Health’s poor outcome, GE spins off healthcare division, transparent Deepmind, US Veterans’ EHR, Medtronic and IBM Watson AI for diabetes, Welsh GPs swap preferred PMS, meaningful…
Written by Kate McDonald on 01 July 2018. Pulse+IT’s weekly round-up of international health IT news for the week ending July 1: Amazon buys into US pharmacy market, Outcome Health’s poor outcome, GE spins off healthcare division, transparent Deepmind, US Veterans’ EHR, Medtronic and IBM Watson AI for diabetes, Welsh GPs swap preferred PMS, meaningful…
Second generation ownership accelerating efforts to revive company THE days of it being a conglomerate, trying to cover as many business sectors as possible, are over. As far as Malayan United Industries Bhd (MUI), which is currently undergoing a corporate restructuring and business transformation process, is concerned, the way forward is to focus on its…
THIS should have been one of the very darkest weeks in the history of General Electric (GE). The firm founded by Thomas Edison has been a member of the Dow Jones Industrial Average, a stockmarket index composed of leading American companies, for over a century. Alas, mismanagement and a failure to move with the times…
The Supreme Court of Singapores Justice Aedit Abdullah discusses the countrys recent overhaul of its restructuring and insolvency framework In May 2017 Singapore implemented a major overhaul and update of its restructuring and insolvency (R&I) regime via amendments to the Singapore Companies Act. The new framework aims at nothing less than to…
THIS should have been one of the darkest weeks in the history of General Electric (GE). The firm founded by Thomas Edison has been a member of the Dow Jones Industrial Average, a stockmarket index comprised of leading American companies, for over a century. Alas, mismanagement and a failure to move with the times have…
Franchised Mothercare stores across the Middle East and North Africa (Mena) will not be affected by the roots-and-branch restructuring of the UK parent company announced on Thursday. The announcement from Mothercare in the UK has no impact on stores in the Middle East, said a spokesperson for Kuwait-based Alshaya Group, which operates the Mothercare franchise…
Componenta Corporation Stock Exchange Release on 18 May 2018 at 8.00 Net sales and operating result increased from last year for current continued operations. The information pres… Read the full article at: https://globenewswire.com/news-release/2018/05/18/1508612/0/en/Componenta-Corporation-Business-Review-January-March-2018.html
The business, which was founded by the late Antonio Carluccio in 1999, has 103 restaurants in the UK but is seeking approval from landlords to slash rents in a restructuring plan known as a Company Voluntary Agreement (CVA). The CVA, put together by restructuring advisers at KPMG, will allow Carluccios to pay a reduced rent…