NEW DELHI: The Supreme Court on Monday allowed the liquidation of United Breweries Holding Ltd (UBHL) to recover fees payable for Kingfisher Airlines to creditors, including banks, and dismissed the company’s claim against its settlement. A bench of judges UU Lalit, Vineet Saran and S Ravindra Bhat defended the Karnataka …
Read More »Burj Khalifa builder Arabtec confirms settlement
DUBAI : Construction giant AE that built the tallest building in the world, the Burj Khalifa, Arabtec formally announced that it was going to be liquidated after stakeholders deemed the financial situation “unsustainable.” “In recent years, limited liquidity in the construction sector affected the progress of Arabtec projects and this …
Read More »Inside $ 5.7 Billion Settlement: Coronavirus Unable to Log Out of “Project Redwood” on Facebook & Reliance
[ad_1] MUMBAI: “Can I get some sleep for a few hours?” Was the first message Anshuman Thakur wrote to a senior colleague around noon just after finishing a media call with Ajit Mohan, head of Facebook in India. Thakur, a former telecommunications rain producer at NM-Rothschild-y-Morgan Stanley, who became head …
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