French vehicle mounted lift manufacturer Klubb has French specialist platform manufacturer Egi. Egi is based in the small village of Les Ayvelles, near Charleville-Mézières, North East France and produces fully insulated- live line and firefighting platforms up to 65 metres. It employs 35 people at a 12,000 square metre plant located on 17 acre site…
The Lok Sabha on Tuesday gave its nod for the Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 that seeks to replace the June 6 ordinance, which provided relief to home buyers and MSME sector. The Bill got the approval of the Lower House after the principal opposition Congress demand of sending it to the…
Australian shares are poised to lift at the open, bolstered by hopes a trade truce between the US and China. ASX futures were up 18 points ahead of 5am AEST. The Australian dollar move towards US74.5¢. Positive sentiment returned after Bloomberg reported US and Chinese officials were looking at ways to restart talks to resolve…
DALLAS–(BUSINESS WIRE)–International law firm Dorsey & Whitney LLP announced today that Matthew Matt DeArman has joined the Firms Finance & Restructuring Group in Dallas as a Partner. Mr. DeArmans practice focuses on the representation of agents, lenders and public and private corporate borrowers in a variety of finance transactions and restructuring matters, including in connection…
LINCOLN, Neb.–(BUSINESS WIRE)–Nebraska Book Holdings, Inc. (NBC) announced today, July 31, 2018, that it has successfully completed the restructuring of its balance sheet eliminating the substantial majority of its legacy long-term debt. Going forward the company will have a capital structure that will enable growth and profitability. This was accomplished by NBCs major debt holders…
Northamptonshire county councils catastrophic financial collapse, and the desperate measures it now proposes to balance the books, reflect management incompetence on a grand scale as well as the punishing effects of eight years of austerity cuts. Less than six months after it was declared technically insolvent, the Tory-run council now faces a sobering reckoning for…
Century Textiles and Industries’ decision to demerge the cement business into UltraTech Cement and transfer the viscose filament yarn business to Grasim will help it reduce the debt and focus on textiles, pulp and paper and real estate businesses, a top company official said. Century Textiles and Industries (CTIL) in May this year announced plans…
This is to inform to the Exchange that National Company Law Tribunal (NCLT) has, today i.e. 31st July, 2018, pronounced its order and approved the resolution plan as submitted by Mr. Deepak Chaganlal Choudhari and Mr. Jitendra Kumar Chopra for the Company pursuant to the Corporate Insolvency Resolution Process initiated as per the provisions of…
Century Textiles and Industries‘ decision to demerge the cement business into UltraTech Cement and transfer the viscose filament yarn business to Grasim will help it reduce the debt and focus on textiles, pulp and paper and real estate businesses, a top company official said. Century Textiles and Industries (CTIL) in May this year announced plans…
Century Textiles and Industries‘ decision to demerge the cement business into UltraTech Cement and transfer the viscose filament yarn business to Grasim will help it reduce the debt and focus on textiles, pulp and paper and real estate businesses, a top company official said. Century Textiles and Industries (CTIL) in May this year announced plans…