Steinhoff seeks claimants to reveal identities to negotiate settlements

Steinhoff seeks claimants to reveal identities to negotiate settlements

April 16 (Reuters) – South African retailer Steinhoff , which has been involved in litigations and claims solutions since revealing accounting irregularities in 2017, requested the identities of its claimants be disclosed in order to conclude claims. The company …
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Sensex, Nifty scale record highs: Top factors driving the market rally

NEW DELHI: Benchmark equity indices climbed nearly 1 per cent in Tuesday’s session even as global markets traded rangebound. A strong start to the earnings season, easing concerns over weak monsoon, firm foreign inflows, positive trade data and …
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HNA unit CWT International defaults on $179 million loan, faces asset seizure

HONG KONG (Reuters) – CWT International Ltd, a unit of indebted HNA Group Co Ltd, on Tuesday said it defaulted on a HK$1.4 billion ($179 million) loan, and that it has less than 24 hours to pay funds due or lose assets pledged as collateral. FILE PHOTO: …
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Russian company to invest in Kentucky aluminum mill

ASHLAND, Ky. (AP) – An aluminum company planning to build a $1.7 billion plant in Appalachia is forming a partnership with a Russian company that until recently faced U.S. sanctions. Russian aluminum giant Rusal wants to invest $200 million in an …
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Market Live: Sensex, Nifty at record highs; Polycab up 22% after listing

Nifty, Sensex hit record highs: five factors that could be fuelling the rally. Nifty, Sensex hit record highs: five factors that could be fuelling the rally. Nifty after hovering in a tight range of 11,550-11,700 levels for the past eleven sessions finally broke out of the …
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