Category: Corporate

Zettai Pte Ltd has on 6 December 2024 filed an application  with the Singapore High Court for leave to convene a meeting of its creditors for the purposes of presenting and voting on a scheme of arrangement (“Scheme”). The Scheme is aimed at providing the users of WazirX (“Scheme Creditors”), who are unsecured contingent creditors of Zettai with quick and fair recovery. This move is expected to enhance transparency, rebuild trust, and stabilize the exchange.     Fast Relief for Creditors   The proposed Scheme, filed in the Court under mainly…

NITCO Ltd, a legacy brand in tiles, marble, and mosaics, is set for a major resurgence following a strategic investment by Authum Investment & Infrastructure Ltd. a diversified investor and leading NBFC with an exemplary track record in transforming businesses like RCFL and RHFL. It has infused working capital facilities and secured a debt restructuring package for NITCO. This move is complemented by a ₹350 crore plus fresh capital infusion from third party investors, around ₹225 crore capital infusion by promoter and a ₹50 crore priority financing facility along with proceeds of…

Europe’s recent uptick in electric vehicle sales hasn’t been enough to reverse a year in decline. According to international car experts, car subscription models hold significant untapped potential that could advance Europe’s green mobility.   Electric vehicle sales in Europe increased in October with a total of 124,907 new EVs being registered, representing an uptick of around 2% compared to the same month the year before. However, the small gain isn’t enough to turn around this year’s negative trend, as year-to-date EV sales are still 5% lower than last year,…

With intricately crafted platinum bangles, bracelets, earrings, rings and pendants, Platinum Evara, instantly elevates the festive wardrobe to create statement looks that effortlessly transition from day to night. It’s that time of the year to bring out the festive finery – for a day of celebration and evenings that spell sophistication and understated elegance; each look, talked about long after the party has ended.  As you elevate your style game, complement those stunning outfits with the precious timelessness of platinum jewellery. Unique platinum jewellery pieces from Platinum EVARA’s collection make…

Getronics will leverage the LogRhythm SIEM Platform by Exabeam for comprehensive log contextualization, enhanced threat detection, and a user-friendly interface Getronics, a leading global ICT service provider, has expanded its partnership with Exabeam, a global cybersecurity leader that delivers AI-driven security operations, to upgrade its security information and event management (SIEM) capabilities for its global customers. Getronics’ €1 million investment includes both a hardware and software update to the LogRhythm SIEM Platform by Exabeam, reinforcing its commitment to delivering exceptional performance, scalability, and security to support business’s protection needs.   Getronics will…

Jakson Group, a leading Energy and Infrastructure Solutions Company and a key Genset Original Equipment Manufacturer (GOEM) for Cummins India Ltd. (Cummins), has introduced the next-generation CPCB IV+ compliant gensets, powered by Cummins, in Kanpur, Uttar Pradesh. Cummins launched CPCBIV+ compliant genset engines for India market on July 5, 2023. Poised to elevate industry standards, the Cummins-powered CPCB IV+ compliant gensets from the Jakson Group are set to redefine excellence in the backup power solutions industry with their unparalleled features and benefits.Reflecting Jakson Group's 77+ years of commitment to quality…

Astons, the international experts on real estate, residency and citizenship through investment, estimates that as much as half of all applicants looking to secure Greek residency via investment so far this year are US citizens.   While Donald Trump’s shock election victory proves that the Republican President Elect has widespread support from the American public, he remains a divisive figure with views and policy pledges that leave many people feeling uncomfortable at best with his return to the White House.   As such, in the wake of the election result,…