Sunjeev Gupta’s Scottish steel mill offers future outlook for Whyalla’s Arrium steelworks – ABC Online

What insight into the future of Arrium in Whyalla can be drawn from looking at Liberty Steel’s operations in Scotland? The British company, run by billionaire entrepreneur Sanjeev Gupta, is revitalising the South Australian steelworks after they went into voluntary administration. ABC Radio Adelaide‘s Sonya Feldhoff was recently given the opportunity to tour one…

Macy’s Inc., Announces New President and Restructuring Plans – Multichannel Merchant

Macys, Inc. announced several changes intended to improve the companys performance, including the hiring of Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the companys data analytics capabilities. Hal Lawton Named President of Macys Hal Lawton has been named president of Macys, effective Sept. 8. As president, Lawton will be…

Jaypee homebuyers need to file claims; relief limited to Aman project – Economic Times

NEW DELHI: Homebuyers in Jaypee Infratech projects, except for a few towers in its Aman project, will have to fill up forms to register their claims for the corporate insolvency resolution process against the company. In a meeting on Monday between Jaypee Infratech MD Manoj Gaur, the insolvency resolution professional (IRP) Anuj Jain, officials from…

3 Amrapali companies may face insolvency move – Economic Times

NEW DELHI: After Jaypee Infratech, the process of corporate insolvency resolution under the insolvency and bankruptcy code is likely to be initiated against three Amrapali group companies -Noida’s Silicon City and Greater Noida-based Ultra Home Construction and Amrapali Infrastructure -on the plea of Bank of Baroda. A bank official said the National Company Law Tribunal‘s…