DIGJAM LTD – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it may please be noted that as per the instructions of Sri Parag Sheth, Interim Resolution Professional, the first meeting of the Committee of Creditors was held on Friday, May 24, 2019.Thereafter, E-Voting was conducted from June 3, 2019 (11.00…

Details

Tesla lets go of service employees in restructuring, says its still expanding headcount – Electrek

We were surprised to hear from sources that Tesla was letting go some employees in the service teams at several locations today because the automaker claims to be focusing on expanding its service coverage. In response, Tesla told Electrek that they are still expanding service and the employees were let go in a restructuring of…

Details

African Americans are held back the most by student loan debt. Heres a solution. – The Washington Post

(iStock/iStock) By Harry Williams June 13 at 4:53 PM Harry L. Williams is the president & CEO of the Thurgood Marshall College Fund and is a past president of Delaware State University. Our student loan debt crisis is preventing millions of young Americans from purchasing homes, starting families, saving for retirement and creating wealth. No…

Details

RITANZ welcomes passing of Insolvency Practitioners Bill – Scoop.co.nz

Friday, 14 June 2019, 8:57 amPress Release: RITANZ The Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ) has welcomed news that the Insolvency Practitioners Bill has passed into law on Wednesday, almost a decade after it was first introduced into Parliament. The Insolvency Practitioners Regulation Bill and the Insolvency Practitioners Regulation (Amendments) Bill are…

Details

6 unique ways companies are helping employees pay off crushing student debt – Business Insider Australia

With student debt higher than ever in America, companies are finding unique ways to help their employees out of the student-loan hole. As of June 2019, the national student debt is at an all-time high of nearly $US1.6 billion, second only to national mortgage debt. According to the Society for Human Resource Management (SHRM), around…

Details

Documents reveal the Government looked at recovering HELP loans from deceased estates – ABC News

A plan to recover the student debts of people who have died was under consideration by the Federal Government, documents obtained by the ABC under Freedom of Information reveal. The Federal Education Department estimated the move could save taxpayers $46 million over a decade, but it acknowledged it would be controversial. The Government eventually…

Details

FCA report into disgraced RBS unit branded a whitewash – Financial Times

Politicians condemned as a complete whitewash a long-awaited report by the UKs financial regulator over why it failed to take action against the Royal Bank of Scotland over its disgraced restructuring unit. In a 78-page report published on Thursday, the Financial Conduct Authority largely repeated conclusions aired last summer when it said it could not…

Details