– Strong sequential growth in fourth quarter caps 2017 reorganization –– World class team and new business model set stage for significant growth in 2018 – SANTA MONICA, Calif., April 02, 2018 (GLOBE NEWSWIRE) — Starco Brands (OTC:STCB) reported financial results for the fourth quarter and full year ended December 31, 2017 as the Company…
DetailsThe Homebase business is not very well positioned now. Its overpriced and over rented in terms of the properties – all the properties are far too expensive,” Mr Grimsey told Fairfax Media. “Theyve paid too much for it… theyve arrived in England with a Bunnings format and really plonked Australia into England and that was…
DetailsBULAWAYO South legislator Edie Cross has mocked former First Lady Grace Mugabe over her recent spate of misfortunes, saying she must not cry foul as she had also grabbed several properties from powerless individuals during her husband former President Robert Mugabes reign. This came amid reports that illegal artisanal miners invaded Graces farm in Mazowe…
DetailsElectrosteel Steels’ resolution professional (RP) on Monday submitted Vedanta’s resolution plan before the Kolkata bench of National Company Law Tribunal for final disposal after lenders declared it as “successful resolution applicant”. However, Renaissance Steel, one of the resolution applicants, was opposing the Committee of Creditors’ (COC) decision in respect to eligibility of its rival…
DetailsICICI Bank board will meet today to review the insolvency cases pending before the National Company Law Tribunal, and other routine matters. This is the first time ICICI Bank board will meet after the controversy over alleged conflict of interest involving its CEO Chanda Kochhar and Videocon group broke out. The private sector lender pointed…
DetailsFES and FENOC own and operate two coal-fired plants, one dual fuel gas/oil plant, one pet-coke fired plant and three nuclear power plants in the competitive, or non-regulated, power-generation industry. FirstEnergy Corp. announced in November 2016 that it planned to exit the competitive generation business. On March 28, 2018, FES filed notice with PJM Interconnection…
DetailsHyderabad bench of National Company Law Tribunal (NCLT) has initiated the insolvency resolution process for Lanco Teesta Hydro Power Private Limited in a petition filed by the company’s lead bank ICICI Bank Limited under section 7 of Insolvency and Bankruptcy Code(IBC). The company failed to repay project loan dues of…
DetailsEddie Cross is the Movement for Democratic Change (MDC-T) MP for Bulawayo South BULAWAYO South legislator Edie Cross (pictured) has mocked former First Lady Grace Mugabe over her recent spate of misfortunes, saying she must not cry foul as she had also grabbed several properties from powerless individuals during her husband former President Robert Mugabes…
DetailsAKRON, Ohio, March 31, 2018 /PRNewswire/ — FirstEnergy Solutions (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) (together, the “Filing Entities”) today announced that to facilitate an orderly financial restructuring, they have filed voluntary petitions under Chapter 11 of the Federal Bankruptcy Code with the U.S. Bankruptcy Court in the Northern District of Ohio in…
DetailsKolkata, March 31 (IANS) In the battle to taking over insolvent Electrosteel Steels, Vedanta Ltd, one of the bidders, on Saturday said it has been declared successful resolution applicant under the insolvency process and has received the letter of Intent (LoI). The Anil-Agarwal led company has accepted the terms of the LoI. Following a direction…
Details