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10 hours ago · Companies are selling off bigger pieces of their business to slim down and cut debt as the pace of dealmaking picks up. The size of completed divestment deals is up about 11% so far this year at ...
4 hours ago · Senior Counsel Abhishek Manu Singhvi appeared on behalf of Byju’s parent company, Think and Learn. He told the Court that the NCLAT bench in Chennai had adjourned the edtech firm’s appeal to another date to decide on “whether one of the judges will have to recuse from the plea,” according to Bar & Bench.
21 hours ago · Assets of Subsidiary Company not to be Included in Insolvency Resolution Plan of Holding Company: Supreme Court [Read Judgement] The Supreme Court has ruled that a holding company does not own its subsidiary's assets, and these assets cannot be included in the holding company's resolution plan. By Manu Sharma - On July 25, 2024 11:55 am - 2 ...
21 hours ago · The following list of corporations involved major collapses, through the risk of job losses or size of the business, and meant entering into insolvency or bankruptcy, or being nationalised or requiring a non-market loan by a government. Name. HQ. Date. Business. Causes. Assets. Medici Bank. Florence.
2 hours ago · Costs from underperforming stores have accounted for $35 million of the company’s total $77.4 million in lease payments which the company is hoping to decrease with the closures of underperforming locations. Conn’s is also dealing with additional financial stress caused by their recent acquisition of W.S. Woodcock in December 2023.
21 hours ago · The large-scale liquidation of Conn's HomePlus and Badcock Home Furniture & More inventory presents a complex financial picture. While the immediate impact is a significant revenue event from the sale of assets, it also signals the end of ongoing operations for these stores, which will result in a substantial loss of future revenue streams.
21 hours ago · Long liquidations have risen fifteenfold compared to shorts, highlighting the negative impact on traders betting on a KAS price increase. Kaspa may experience a drawdown to the 38.2% Fibonacci retracement level at $0.15 if the bearish trend continues. promo. Only a few altcoins have been able to outperform Bitcoin (BTC) this year.
