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Headlines
Indian Insolvency Regulator Proposes Uniform Valuation Format for Bankrupt Firms
The insolvency regulator on Wednesday proposed to introduce uniform format and documentation requirements for the valuation of stressed companies undergoing bankruptcy resolution, seeking to mandate a scientific approach and…
U.K. Firm Says It ‘Round-Tripped’ Missing $500 Million Back to Byju’s
A U.K. procurement firm said it worked with the bankrupt Indian educational-technology startup Byju’s to move a half-billion dollars away from a group of U.S. lenders who have battled for years to track down the missing funds,…
Canada Post Paints Bleak Financial Picture, Hints at Big Job Cuts
At its annual public meeting on Tuesday, Canada Post revealed that it continues to bleed cash and hinted at big job cuts through attrition, CBC.ca reported. "Canada Post is effectively insolvent," said the Crown corporation's…