Have the flames creeping around Marks & Spencer abated or are they close to consuming the stalwart of the high street? During the summer, the chains chairman, Archie Norman, said the business was on a burning platform and that its future depended on whether it was able to change and develop. This week will bring…
DetailsCASH-strapped Australians are lying to their partners about the true cost of a holiday before they set off. While getting away for a much-needed break can help relieve stress, it also can add tension when costs quickly accumulate. Some people are being dishonest to get their partner on-board, but this tactic could escalate into bigger…
DetailsDESPAIR: A rice farmer in Ayutthayas Bang Sai district takes a break from her routine work in the fields. Like most other farmers, she is in a financial predicament due to farm debts. (Photo by Pattanapong Hirunard) The farm sector has been a driving engine behind the countrys economic growth, but at the same time,…
DetailsHOFFMAN ESTATES, Ill., Nov. 3, 2018 /PRNewswire/ –Sears Holdings Corporation (“Holdings” or the “Company”) (OTC Pink: SHLDQ) today announced that it has sought court approval of a “stalking horse” asset purchase agreement with Service.com to acquire the Sears Home Improvement business (“SHIP”) in a sale process under Section 363 of the U.S. Bankruptcy Code. SHIP,…
DetailsWe wish to inform you that our lender State Bank of India, Kolkatta has filed a petition under Section of IBC 2016 to trigger a Corporate Insolvency Regulation Process (CIRP) against our company i.e. Suryachakra Power Corporation Limited (SPCL) in National Company Law Tribunal (NCLT) Hyderabad vide CP (IB) No: 421/7/HDB/2018 in July 2018 which…
Detailssub: Outcome of 1st CoC Meeting of M/s. Southern Online Bio Technologies Limited on 2nd November, 2018 We of herewith attaching the outcome through attachment of pdf file as per the subject. For Southern Online Bio Technologies Ltd., (Kapana G)Interim Resolution ProfessionalIBBI Registration No.: IBBI/IPA-001/IP-POO756/2017-2018/11288 cc To 1) All the Directors of the suspended Board2)…
DetailsThe fraud trial of New York radio personality Craig Carton got underway on Tuesday. The sports jock once one half of WFANs Boomer and Carton show with former NFL quarterback Boomer Esiason is accused of scamming investors in a bogus ticket-reselling business in order to fund a multimillion-dollar gambling habit. He pleads not guilty. Craig…
DetailsBy GALGALLO FAYOMore by this Author Local operators of global technology firm Siemens AG, which is building 1,000km high voltage direct current lines between Ethiopia and Kenya, is seeking the courts protection to stop a firm that is threatening to file an insolvency petition over a disputed bill. Siemens says in court filings it is…
DetailsKOLKATA: The bankruptcy court has given the resolution professional overlooking asset monetisation of debt-laden Aircel more time – till January 15 -to complete the corporate insolvency resolution process (CIRP), failing which the telco may go under liquidation. “as informed by the Ld. Resolution Professional, I am of the view that a period of 90 days…
DetailsCarrying a mortgage into a retirement can present a number of concerns for homeowners, so many experts recommend paying off this debt during the working years. This isnt always possible though, and experts in a recent NerdWallet article that was republished by USA Today, offered ways to help mortgage-carrying retirees. In the article Why you…
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