Niamh Lyons, Ireland Political Editor Paschal Donohoe said that the high corporate tax receipts came about because of global accounting changesOireachtas TV/PA The exchequer will post its first budget surplus in ten years after a 1 billion windfall in corporation tax was unveiled yesterday by Paschal Donohoe. The finance minister is also set to announce…
Michael Nagle/Bloomberg The selling that began Thursday rolled into Friday, sending stocks on a two-day ride downward amid higher interest rates even as investors eyed mostly solid payrolls data. The yield on the benchmark 10-year Treasury note climbed to new seven-year highs above 3.2% by late Friday, and that appeared to interrupt the party stocks…
The world headquarters for the Ford Motor Company in Dearborn.(Photo: Jeff Haynes / AFP/Getty Images) Ford Motor Co. has begun what company officialsexpect to be a months-long process to form a plan focused on trimming its global salaried workforce. Officials expect to cut the number of salaried employees globally, which could include some in its…
Amidst the software industrys crazy unicorn valuations and hot buzzword-compliant startups, one software business model remains tried and true: buy the rights to a mature enterprise software product (or the whole company) and then milk its customers for ever-dwindling maintenance dollars. To keep the company going, continue to buy more such products and companies, thus…
Gaz Thompson wants to help other vulnerable people out of debt (Picture: CAP) Gaz Thompson is using his faith to help those struggling with unsustainable debts. Across the UK, more than four million people have debts that are considered unsustainable, and responsibility for helping these vulnerable people is increasingly falling to charities. One such charity,…
We would like to inform you that pursuant to an Order dated 27th September 2018 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Advance Powerinfra Tech Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order is enclosed…
AUGUSTA For decades, weve heard politicians promising to attract businesses and jobs to the state to help grow the economy. While supporting small businesses and job creation is important, what Maines economy needs right now is people. Maines economic outlook has changed dramatically since the Great Recession, and the state suffers not from a lack…
Share price of Punj Lloyd fell nearly 3 percent intraday Friday after International Finance Corporation (IFC) moved an insolvency plea against company before the National Company Law Tribunal (NCLT). International Finance Corporation (IFC) has filed an application before the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code. A two-member…
Top court also stressed the need of “time-bound” disposal of corporate insolvency resolution process New Delhi: The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive…