IBBI, IICA Sign MoU For Academic Collaboration – NDTV

MoU was signed for collaboration in research, publication and advancement of knowledge New Delhi:  The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) today with the Indian Institute of Corporate Affairs (IICA). The MoU was signed for collaboration in research and publication, advancement of knowledge, capacity building, awareness and advocacy…

IN LIQUIDATION: Family-run boating business hits rock bottom – Bundaberg News Mail

A “TOUGH financial climate” has plunged one family-run business into liquidation only five years after it first set sail. Chad Rapsey of RapseyGriffiths Insolvency and Advisory was appointed liquidator of Bundaberg Port Marine Services Pty Limited on March 20. Mr Rapsey said the investigation into what caused the small business to go under had begun…

EasyJet Makes Approach for Possible Takeover of Alitalia – Bloomberg

By Tara Patel April 10, 2018, 11:57 AM EDT EasyJet Plc has approached Alitalia SpA about a possible takeover of the Italian airline once it has been restructured. Europes second-biggest low-cost airline has submitted a revised expression of interest for a restructured Alitalia, the Luton, England-based company said in a statement Tuesday. The airline is acting within…

Wipro shares tank 2.5% as client’s insolvency weighs on profitability of India’s 3rd largest IT company – Financial Express

In the morning trades on Tuesday, shares of Wipro dropped as much as 2.56% to a days low of Rs 277.75 on NSE. (Image: Reuters) Shares of the Bengaluru-headquartered IT giant Wipro tanked over 2.5% to the lowest level since 28 March 2018 after the company said that clients insolvency weighs on the profitability and revenue…