NEW DELHI: Jaiprakash Associates Ltd (JAL) today said its board had approved the transfer of certain assets and liabilities, including a debt of over Rs 11,834 crore, to its subsidiary Jaypee Infrastructure Development Ltd as part of its efforts to cut the overall borrowing of the company. The company had called a board meeting to…
DetailsJaiprakash Associates Ltd (JAL) today said its board had approved the transfer of certain assets and liabilities, including a debt of over Rs 11,834 crore, to its subsidiary Jaypee Infrastructure Development Ltd as part of its efforts to cut the overall borrowing of the company. The company had called a board meeting to consider the…
DetailsLetter From A Concerned Reader | Columns October 07, 2017 16:00 IST Updated: October 07, 2017 17:18 IST “; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case…
DetailsThe number of people seeking help for debt in Cornwall is on the rise with more households struggling to pay basic bills such as water and council tax. Cornwall Citizens Advice Bureau (CAB) said that debt was the single biggest issue that people go to it for advice for, with 34 per cent of all…
DetailsAppleton Coated courtesy: WLUK × Fox Valley paper mill sold to liquidation company Appleton Coated courtesy: WLUK COMBINED LOCKS, Wis. An Outagamie County judge has approved the sale of a Fox Valley paper mill that employed hundreds of people to a liquidation company. Judge Gregory Gill approved Industrial Assets $21.5 million purchase of Appleton Coated on…
DetailsIn an upbeat message on his Twitter account he vowed to battle back, declaring: Dont waste moments thinking about the past. Move on, the best is yet to come. Becker, 50 next month, became one of the worlds richest sportsmen after winning Wimbledon three times and clinching a total of six grand slam titles during…
DetailsVic Kolenc, El Paso Times Published 10:23 a.m. MT Oct. 6, 2017 | Updated 1:22 p.m. MT Oct. 6, 2017 2Q sales up 2.8%, profit down 69% Helen of Troy CEO Julien Mininberg said the company will restructure two divisions.(Photo: COURTESY) Officials of El Paso’s Helen of Troy consumer goods company plan to restructure two of its…
Details(Updates with liquidation deadline, context throughout) By Nichola Saminather TORONTO, Oct 4 (Reuters) – Sears Canada on Wednesday won court approval to extend credit protection by a month to Nov. 7, but its creditors set a deadline of this week to liquidate the retailers’ assets, leaving the company with mere days to decide its fate.…
Details… Read the full article at: http://www.startribune.com/fox-valley-paper-mill-sold-to-liquidator/449746203/
DetailsNew Delhi, Oct 2 () Asserting that resolution plans should balance interests of all stakeholders, IBBI chief M S Sahoo has said operationalising the individual insolvency framework as well as developing the market for interim finance are among the priorities for the regulator. In one year of existence, the Insolvency and Bankruptcy Board of India…
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