The number of insolvencies rose by 13% in the first half of 2017 compared to the same time last year, new figures show today. The figures from business and credit risk analyst Vision-net.ie. show that 569 companies were declared insolvent in the first six months of the year, up from 502 in 2016. However, Vision-net…
– One quarter of Canadians with a mortgage agree they are ‘in over their head’ with their current mortgage payments. – Three in ten homeowners agree they will face financial difficulties if the value of their home goes down. Two in three Canadians think we’re in a housing bubble. – Almost half of Canadians agree…
– One quarter of Canadians with a mortgage agree they are ‘in over their head’ with their current mortgage payments. – Three in ten homeowners agree they will face financial difficulties if the value of their home goes down. Two in three Canadians think we’re in a housing bubble. – Almost half of Canadians agree…
Two directors of a groundworks company in the Highlands have been banned from running or controlling any further companies after failing to properly keep their accounts in order. Inverness Sherriff Court has handed an eight year disqualification to Donald Cameron (37), while his fellow director Steven Cameron (36) signed an undertaking agreeing not to run or…
Three decades ago, Boris Becker was wooing the world with his flamboyant tennis, which involved flinging himself dangerously around the court, diving headlong for volleys and delivering killer serves that earned him the nickname Boom Boom. But the erstwhile darling of Wimbledon, who, as an unseeded 17-year-old in 1985 became its youngest-ever champion, has suffered…
Mumbai: The Kolkata bench of the National Law Company Tribunal (NCLT) will hear State Bank of Indias (SBI) application to admit the case of insolvency proceedings against Electrosteel Steels Ltd, among the 12 cases identified by the Reserve Bank of Indias (RBI) advisory panel. Electrosteel Steels owes more than Rs10,200 crore to SBI-led consortium of…
Padlocked and falling apart: Rio Olympic legacy in tatters Waves batter the incline near the site of a collapsed section of a bicycle path in Rio de Janeiro, Brazil, on Thursday, April 21, 2016. Two people have died after a 50-meter section of a recently completed cycle path built as part of Rio de Janeiro’s…
By Lisa Mcloughlin For Mailonline Published: 01:53 +10:00, 10 July 2017 | Updated: 01:54 +10:00, 10 July 2017 e-mail View comments It’s been a tough difficult time for Boris Becker and his Lilly, after the former tennis ace was declared bankrupt in June. And now putting on a defiant display, the couple stepped out with…
NEW DELHI: RBI today withdrew a portion of its earlier statement in which it had said that 12 cases identified by it for insolvency proceedings would be accorded priority by the National Company Law Tribunal (NCLT) “stands deleted”. On June 13, RBI had said it has identified 12 accounts for insolvency proceedings with each of…
The banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore. New Delhi: RBI today withdrew a portion of its earlier statement in which it had said that 12 cases identified by it for insolvency proceedings would be accorded priority by the National Company Law Tribunal (NCLT) “stands deleted”. On June…