Reuters. MUMBAI – The Reserve Bank of India (RBI) has given its nod to the resolution plan for the troubled financial services firm Reliance Capital, paving the way for the acquisition by Indian conglomerate IIHL. The central bank’s endorsement comes with a “No objection” to IIHL’s offer of Rs 9,650 crore, confirming the successful bid…
DetailsA New York City woman who died Sunday from cancer has raised enough money to erase millions of dollars in medical debt with a posthumous plea for help. Casey McIntyre told followers in a social media message posted by her husband that she had arranged to buy the medical debt of others as a way…
DetailsNovember 17, 2023 Washington DC Good morning and welcome to our conference on Fiscal Policy in an Era of High Debt. Since the mid-1970s, global public debt has tripled to reach 92 percent of GDP by the end of 2022. So, debt levels had been rising for some time. On top of that, more costs…
DetailsLeading debt relief companies are innovating with groundbreaking tools and technologies to usher in a debt-free future for many. LAS VEGAS, Nov. 17, 2023 /PRNewswire/ — The landscape of financial management has seen a transformative shift, primarily driven by technological advancements. With surmounting debts becoming a global concern, leading debt relief companies are stepping up…
DetailsThe English Premier League has deducted 10 standings points from Everton over a breach of league rules regarding profitability and sustainability. The deduction puts the Liverpool club at four points on the season, plunging it into 19th place in the 20-team league. In a statement released Friday, the Premier League said an independent commission found…
DetailsClements kicked off her legal career with Burke Melrose, (which merged with Anthony Harper in 2013); here, she concentrated on securities and retirement law. She then relocated to London, where she logged over a decade working with the banking and finance team at Carey Olsen in London and the Channel Islands. At Carey Olsen, she…
DetailsOn 9 November 2023, a three-judge bench led by Chief Justice D.Y. Chandrachud, with Justices J.B. Pardiwala and Manoj Misra, upheld the constitutionality of Sections 95, 96, 97, 99, and 100 of the Insolvency and Bankruptcy Code, 2016. These provisions allow loan creditors to initiate insolvency proceedings against individual and partnership firm debtors. The decision…
DetailsBy Wayne Robinson | 15 November 2023 TMA Group of Companies has acquired Presfast, the retail display print business that went into voluntary administration last month. Extend POS capabilities: Anthony Karam, TMA TMA has a successful track record of buying print businesses and integrating them into its group, including the likes of Impress Colour, Premier…
DetailsThe Bill amends the Migration Act 1958 (Cth) (the Act) and the Migration Regulations 1994 (Cth) to introduce a new regime for Subclass 070 (Bridging (Removal Pending)) visas (BVR). Who does the Bill apply to? The Bill is primarily directed to persons who were granted a BVR since 8 November 2023, including the cohort affected…
DetailsWASHINGTON U.S. Senate Republicans on Wednesday night failed to garner enough votes to block a new Biden administration rule on an income-driven repayment plan for federal student loans. The resolution did not pass, 49-50. Sen. Joe Manchin III of West Virginia was the sole Democrat who joined Republicans in backing the resolution. Sen. Tim Scott…
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