collapsed
Penn Entertainment’s Shareholders Decide to Slash CEO Pay Package
Penn Entertainment’s shareholders have finally rallied and decided to slash the remuneration package of CEO Jay Snowden this year, with the cap now set at a maximum of $17.4 million from previously $25.3 million. Penn Entertainment’s Boss Payment Now Restricted to $17.4M As the brand continues to recalibrate and readjust, shareholders have voted in droves
Siya Goyal chose to kill Ketan to not ‘bring disrespect to her family’: Co-accused Chetan reveals motive of Pune case
Police said Siya and Chetan wanted to “eliminate” Ketan before she and the businessman were scheduled to leave for Bali for a pre-wedding photoshoot. Hoodie In Heat, Phone Left Behind: How Pune Cops Cracked Pune Businessman Murder Case Siya Goyal did not want to walk away from her engagement with Ketan Agarwal and elope
Why higher health cover is becoming the new normal for Indian families
Santosh Puri, Head – Retail Health & Travel Underwriting at Tata AIG General Insurance, and Amit Chhabra, Chief Business Officer at Policybazaar.com, said health insurance adoption in India is improving amid rising medical costs and growing awareness. Consumers are increasingly opting for higher sum insured plans and comprehensive coverage. While insurers are expanding into smaller
Collapsed Henley replaced on Croydon housing scheme
Henley's former office. Credit: 2023 Google Streetview Southern Housing has appointed Formation Design & Build to finish a housing scheme in Croydon that was left in limbo after the collapse of its previous contractor. Henley Construct was building the 116-home scheme on Cherry Orchard Road when it entered administration in April 2023, owing millions of
Creditors owed £33m by collapsed J Tomlinson set to get some funds
Image © 2023 Google Unsecured creditors linked to collapsed contractor J Tomlinson are set to receive a dividend after all, after HMRC claimed less money than was expected. Administrators from FRP Advisory did not expect unsecured creditors – including the construction supply chain – to receive any of the £33m they were owed when J
Collapsed contractor’s employees win compensation
Former employees of a contractor that went into administration last spring have received compensation because they were not consulted before they lost their jobs. The 20 former employees of ARJ Construction all received 90 days’ pay after the Employment Tribunal found the contractor did not consult them or any union representatives before they lost their
NG Bailey owed more than £2m by collapsed gigafactory client
Britishvolt, the start-up electric vehicle battery manufacturer behind a £3.8bn gigafactory in Northumberland, went under owing around £160m, it has emerged. A new report from administrators at EY shows that those owed money by the company included mechanical and electrical (M&E) giant NG Bailey, which is out of pocket by more than £2m. The report
Collapsed contractor ‘fined’ £146k over worker death
A collapsed company has been sentenced for failing to keep its workers safe after a 48-year-old man was fatally crushed by a 20-tonne excavator. Kidderminster-based Birch Brothers, which went into liquidation last year, had been building a concrete overflow weir structure at a pond in Derbyshire in 2017. Philip McDonald was one of the workers
Collapsed contractor received £7.5m taxpayer support
Collapsed contractor Jehu Group received £7.5m in taxpayer-funded grants and loans while it was struggling, it has emerged. A report by the Bridgend-headquartered company’s administrators revealed that the circa £70m-turnover firm received £5.1m in loans from the Welsh Government-owned Development Bank of Wales in the year before it went under. It was also granted £2.4m-worth
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Entertainment
Penn Entertainment’s Shareholders Decide to Slash CEO Pay Package
Penn Entertainment’s shareholders have finally rallied and decided to slash the remuneration package of CEO Jay Snowden this year, with the cap now set at a maximum of $17.4 million from previously $25.3 million. Penn Entertainment’s Boss Payment Now Restricted to $17.4M As the brand continues to recalibrate and readjust, shareholders have voted in droves
chose
Siya Goyal chose to kill Ketan to not ‘bring disrespect to her family’: Co-accused Chetan reveals motive of Pune case
Police said Siya and Chetan wanted to “eliminate” Ketan before she and the businessman were scheduled to leave for Bali for a pre-wedding photoshoot. Hoodie In Heat, Phone Left Behind: How Pune Cops Cracked Pune Businessman Murder Case Siya Goyal did not want to walk away from her engagement with Ketan Agarwal and elope
Health
Why higher health cover is becoming the new normal for Indian families
Santosh Puri, Head – Retail Health & Travel Underwriting at Tata AIG General Insurance, and Amit Chhabra, Chief Business Officer at Policybazaar.com, said health insurance adoption in India is improving amid rising medical costs and growing awareness. Consumers are increasingly opting for higher sum insured plans and comprehensive coverage. While insurers are expanding into smaller
HCLTech
HCLTech signs AI-focused deals with Nokia and renewable fuels firm Neste
HCLTech has announced two new partnerships aimed at expanding its AI-led business. The company will work with Nokia on AI-driven network automation for telecom operators and help Finland-based Neste improve efficiency through artificial intelligence and IT transformation. 3 Min Read HCL Technologies Ltd. on Wednesday, June 24, announced two strategic partnerships aimed at boosting its
Clarity
CLARITY Act News: Odds Crash to 48% as Senate Talks Break Down and Opposition Widens
The future of U.S. crypto regulation has entered a critical phase, and the highly anticipated CLARITY Act is now facing fresh roadblocks just as lawmakers race against the clock. In this update, we dive into the latest CLARITY Act News and what it means for the industry. According to journalist Eleanor Terrett, a coalition of