Ruchi Soya insolvency: Patanjali won’t back out from race to acquire debt-laden company, says Acharya Balkrishna – Firstpost

New Delhi: Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna said on Tuesday. Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden…

Number of applications for insolvency solutions up 39 per cent – Irish Legal News

Charlie Flanagan The number of new applications for insolvency solutions through the Insolvency Service of Ireland (ISI) increased by 39 per cent in 2017. The figure is contained in the ISIs latest annual report, which Justice Minister Charlie Flanagan laid before the Oireachtas yesterday. Speaking afterwards, Mr Flanagan thanked Lorcan OConnor, director of the ISI,…

The story of the one time double-glazing salesman who became an international drugs kingpin – Mirror.co.uk

At the height of the mad cow disease scare, from the confines of his prison cell, former “young businessman of the year” Martin Evans came up with an audacious ostrich-meat scam which robbed some pensioners of their life savings. Before he became a drugs kingpin, smuggling millions of pounds worth of cocaine and ecstasy pills…

New hope for Cockatoo Island’s iron ore mine, after two floods and a sale that fell through – ABC News

It’s the iron ore mine that has spent more time under water than in production. The Cockatoo Island mine sits off the remote West Kimberley coast, 2,000km north of Perth. The mine’s main deposit sits below sea level, behind a seawall. Constant maintenance and dewatering is needed to prevent more seawater from seeping in, costing…

Boss banned after construction company breaches health and safety regulations – GOV.UK

Michael Allen, 64 of Ashbourne, Derbyshire, was a director of Allen and Hunt Construction Engineers Limited, a specialist company in manufacturing and erecting steel-framed agricultural and industrial buildings. In July 2014, one of Allen and Hunt Construction Engineers Limiteds workers was carrying out repairs on a farm building in Buxton, when they fell through the…