Madhya Pradesh government launches farmers’debt relief scheme, allocates Rs 1000 crore – The Indian Express

By: Express Web Desk | New Delhi | Published:June 7, 2017 5:42 pm Mandsaur: A scene after violent clashes between farmers and the police at Pipliya in Mandsaur district on Tuesday. The farmers have been protesting for a week demanding loan waiver and fair price for their produce. PTI Photo (PTI6_6_2017_000193B) Related News Amid violent…

Fair Work Ombudsman secures near-record fines over ‘phoenix’ scheme – The Australian Financial Review

A Sydney labour hire firm has been ordered to pay more than $670,000 over its use of a sophisticated phoenixing operation to underpay foreign workers and treat them like “slaves”. The Federal Court on Wednesday ordered Grouped Property Services, which provides cleaning services, to pay near-record penalties of $447,300 and backpay of $223,244 to 49 employees after…

Insolvency appointments Apr 21 to Jun 6 2017 – Business News

Firm Appointee/Solicitor Role Company Name Published Date Deloitte Jason Tracy administrator India Resources Limited 6/06/2017 RSM Gregory Bruce Dudley liquidator Accent Granite Pty Ltd 6/06/2017 Ticcidew Insolvency Simon Roger Coad liquidator Westoz Racking Installations Pty Ltd 6/06/2017 Worrells Solvency & Forensic Accountants Mervyn Jonathan Kitay administrator Passione Toscana Pty Ltd 6/06/2017 Sheridans Jennifer Elizabeth Low…

Japan Display considers deeper restructuring, seeks more funding -Nikkei (AAPL, 6501, 6758, 6502) – Markets Insider

TOKYO, June 7 (Reuters) – Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily reported. Shares in the company climbed 12 percent in morning trade. In addition to…