AT&T Inc is restructuring its WarnerMedia business, according to a memo sent to employees on Monday and seen by Reuters, as it girds for a streaming video battle with Netflix Inc and Walt Disney Co. The restructuring comes ahead of an anticipated round of significant layoffs and cost cuts and right after the resignation of…
DetailsDate: 2nd March, 2019 To,The Members,Committee of Creditors,M/s. Southern Online Bio Technologies Limited,Hyderabad. Dear sir/Madam, Sub: Notice of 6th Meeting of the Committee of Creditors of M/s. Southern Online Bio Technologies Limited. With reference to the subject cited above, this is to inform you that the 6th Meeting of the Committee of Creditors of M/s.…
Details(Reuters) – Debenhams warned on profit again on Tuesday, as the British department store group edged nearer to a restructuring that analysts expect will include a share issue and an acceleration of its store closure plans. FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon…
DetailsUp to 190MW of PV capacity is already in operation in the Prieska area (Credit: Orion Minerals) Clean energy firm juwi could build a 35MW hybrid wind and solar facility to sustain a zinc-copper mine in South Africa under a deal with the owner. The collaboration agreement signed with Orion Minerals will see juwi examine…
DetailsThis is to inform you that the 12th Meeting of Committee of Creditors (CoC) was held on 04.03.2019. In the meeting, The Chairperson apprised the members of the CoC that the Resolution Professional has filed an application before the Honble NCLT, Jaipur Bench, wherein vide order dated 28.02.2019 the Honble NCLT has allowed the application…
DetailsEUGENE, Ore. — For people who owe money, debt consolidation is one pathway forward. KEZI 9 News talked to Oregon Pacific Bank President and CEO Ron Green to learn more. Are debt consolidation loans a good idea? Green said debt consolidation is always a good option if youre looking to lower your interest rates or…
DetailsSub: Outcome of the 9th Meeting of Committee of Creditors of Uttam Value Steels Limited Dear Sir, This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 9th meeting of the Committee of Creditors…
DetailsThe liquidator for collapsed app-development business Appster is rallying creditors to pursue legal action against founders Mark McDonald and Josiah Humphrey, alleging they traded while insolvent. Releasing an anticipated statutory report into the affairs of Appster on Tuesday, liquidator Paul Vartelas revealed the once-upon-a-time market darlings financial position had been worsening for several years prior…
DetailsCorporate insolvencies rose by ten per cent in 2018, consultancy firm Begbies Traynor said in a trading update this morning, as it reported it was on track to meet full-year expectations. The restructuring firm announced it had seen a good flow of insolvency appointments in the three months to the end of January this year,…
DetailsWe havent been imagining it retailers, along with the accommodation and food sectors, have seen a spike in corporate insolvency appointments over the last 12 months, an insolvency specialist has confirmed. The accommodation and food services industry saw a 21 per cent spike in corporate insolvency appointments over the 2017-18 financial year, while the retail…
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