Ola to go for business restructuring to step-up focus on core-taxi service – Economic Times

Aditi Shrivastava, ET Bureau Mar 16, 2016, 03.06AM IST (The company, which shut) BENGALURU: India’s largest cab aggregator Ola, after pulling the curtains on its online food and grocery delivery experiments, is restructuring its business to step up focus and investment into its core taxi service, according to multiple people aware of the matter. Ola…

Telkom makes progress in restructuring with more than 1000 job cuts – BDlive

Telkom makes progress in restructuring with more than 1,000 job cuts by Loni Prinsloo, 2016-04-05 08:31:30.0 TELKOM, which is cutting costs to counter a decline in its fixed-line business, has accepted 1,184 applications for voluntary redundancy, reducing its workforce by about 8.5%. The operator, which is still 39% government-owned, made the offer to staff after…

Maiden Gully ‘land banking’ company liquidated – Bendigo Advertiser

A company spruiking a land banking scheme in Maiden Gully has gone into liquidation, potentially costing investors millions of dollars. A provisional report, prepared by Deloitte prior to liquidation in March, reveals investors will likely only see a small fraction of the $3 million sunk into the Bendigo Vineyard Estate Pty Ltd project. Under the scheme, investors bought the right to bank land in…

Martin Lewis: ‘Debt and mental illness are a marriage made in hell. This is how to cope’ – Telegraph.co.uk

MoneySavingExpert.com founder Martin Lewis has set up the new Money and Mental Health Policy Institute, funded with a pledged £2.1m donation over four years. Here he writes exclusively to explain why Debt and mental illness: a marriage made in hell 1. You are four-to-six times more likely to have debt crisis if you have mental health issues. 2. Half…

Hoist Finance in Strategic Partnership with Bank of Greece – Business Wire (press release)

STOCKHOLM–(BUSINESS WIRE)–Regulatory News: Today, Hoist Finance (STO:HOFI) announces a strategic partnership that underpins the attractiveness of the Groups offering towards international banks, at the same time the agreement results in a new market entry. This is well in line with Hoist Finances established and prudent expansion strategy to become the preferred debt restructuring partner to…