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Headlines

Monday, September 9 2024

SC Agrees to List Plea Related to Insolvency Proceedings Against Byju's

The Supreme Court on Friday agreed to list for an early hearing the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm BYJU's and…

Monday, September 9 2024

Germany Agrees to Rescue Cruise Ship Builder Meyer Werft

Germany hammered out a deal that offers a potential lifeline for struggling shipbuilder Meyer Werft GmbH, the privately-held company that recently won a follow-on contract to supply vessels for Disney Cruise Line’s fleet,…

Monday, September 9 2024

Canadian Tidal Power Developer Files for Bankruptcy

Another tidal energy company that hoped to harness the powerful tides of the Bay of Fundy to generate electricity has come up short, CBC.ca reported. A spokesperson for the province's Department of Natural Resources and…