BENGALURU: Paytm‘s parent company One97 Communications’ restructuring exercise wherein it separated its online retail from its payments business has helped it pare losses by over 40% to Rs 900 crore in financial year 2016-17 from Rs 1,548 crore in FY16, according to the company’s filings with the Registrar of Companies (RoC). The company had hived…
Alfred Angelo went bankrupt last summer, but a liquidation company has re-opened the Garland store. Kevin Reece , WFAA 6:27 PM. CST January 10, 2018 A bankrupt bridal gown company that left distraught brides in its wake in July is open again in one location in Dallas. But if prospective brides want a heavily-discounted dress, they’d…
CASH-STRAPPED households struggling to make ends meet are about to reach crisis point, warns a charity. Citizens Advice Halton expects the last day in January to be the years busiest day for debt advice. Latest figures reveals that on 31 January, 2017, the charity helped 2,800 people, 30 per cent above the daily average. Citizens…
The government has made contingency plans for the collapse of Carillion, the UKs second largest construction company and a key provider of public services. The troubled contractor which has 20,000 UK staff and is an important supplier to the government, including a contract for work on the HS2 rail link held crunch talks with its…
ADVISORS at Wiltshire Citizens Advice expect January 31 to be the years busiest day for debt advice. They say that people seeking help with their debts generally call for help on the last day of January. Locally, Wiltshire Citizens Advice is expecting 300 people to seek advice on debt this month. Suzanne Wigmore, Chief Officer…
Benzinga is proud to introduce the Benzinga Women’s Wealth Forum, a space where women can learn how to empower themselves through financial technology and be inspired by the stories of powerful women in finance. Ahead of the March 22 event, we’re highlighting the stories of our speakers, some of the leading women in the financial…
Kidnapping suspects (not in order) Zhao Xu, 29 years old, Cai Xing Bao, 29 years old, Tia Xao Lin, 30 years old wait in handcups as they are presented to media at the Parañaque Police Station on Wednesday, January 10, 2017. The 3 suspects are arrested for alleged serious illegal detention and physical injuries of…
Australia’s big four banks have raised $9 billion in the first 10 days of the year, taking advantage of the most favourable conditions in capital markets since the financial crisis. The frantic pace of issuance exceeds the $5.25 billion raised by the major banks in January 2017 as they lock in lower funding costs and…
The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Bhushan Energy Ltd after admitting a plea from the country’s largest lender State Bank of India (SBI). A two-member bench of NCLT has appointed Navneet Kumar Gupta as the interim resolution professional (IRP) to initiate insolvency proceedings. Bhushan Energy Ltd, the corporate debtor,…
About NYRT NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. NYRT’s shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to…