REVEALED: Latest business liquidations in Knox Herald Sun
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TIRUCHY: Hundreds of ancillary units, primarily MSME units, that depend on contracts from PSU major BHEL are weighed down by debt, dwindling skilled manpower and a severe liquidity crunch and are struggling to remain relevant. From a peak of 450 ancillary industries that once powered BHEL’s ecosystem, many have shut down or shifted to other trades.
“Since 2018, we’ve faced one blow after another – first India’s climate commitments, then Covid-19 lockdowns and bad debts. Only a few units now have the strength to bounce back,” said S Ashok Sundaresan, member and former president of the BHEL Small and Medium Industries Association (BHELSIA).
According to him, the most pressing challenge is the acute shortage of skilled…
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120 Auckland jobs in doubt as ASX-listed packaging concern fails ThePost.co.nz
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WASHINGTON, DC – SEPTEMBER 08: Talk show host and autor Dr. Phil McGraw participates in the White House Religious Liberties Commission meeting at the Museum of the Bible September 8, 2025 in Washington, DC. U.S. President Donald Trump is scheduled to
DALLAS – A federal bankruptcy judge on Tuesday converted Merit Street Media’s Chapter 11 bankruptcy to a Chapter 7 case after arguments to either dismiss or convert the bankruptcy.
Judge Scott Everett called the case an “anomaly” saying it arrived in court in “complete liquidation mode.”
What they’re saying:
“Before bankruptcy, after wresting control of the company away from TBN, Phil McGraw decided to pull the plug on the financially distressed Merritt Street and move the…
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