Credit Management Group UK

APRIL 15, 2024

I have found over the years that many businesses do not have a dedicated credit control department within their business, rather this task is assigned to a role as an added responsibility; this often leads to poor collection activity due to lack of time and training to focus on effectively carrying out credit control. For many businesses it is not deemed feasible to have a credit control department which is entirely understandable, however from experience, those that are left with credit control

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Reorg Blog

APRIL 15, 2024

The India Cements Ltd. a Chennai-based listed cement manufacturer, has mandated Nomura and Bank of America as lead arrangers to privately place around INR 7.5 billion.

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APRIL 15, 2024

Electric automotive giant Tesla is cutting 14,000 jobs as sales have been slowing. Billionaire Elon Musk’s eco-friendly electric car company announced the redundancies, as reported by Elektrek. Musk cuts staff via memo Elon Musk reportedly contacted staff and the memo made it’s way to the mainstream media. Elektrek published the memo Musk compiled that earmarked the car manufacturer cutting 10% of its workforce.

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Reorg Blog

APRIL 15, 2024

Promoters of Continuum Green Energy have appointed Deutsche Bank to help raise debt of $200 mn to partially purchase a 20% to 25% stake from Morgan Stanley Infrastructure Partners.

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APRIL 15, 2024

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. Chief among these concerns is whether, when, and by how much the Federal Reserve Bank of the United States will begin cutting interest rates.

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Reorg Blog

APRIL 15, 2024

Kotak Mahindra Group-backed Phoenix ARC Pvt. Ltd. has acquired nonperforming real estate loans of around INR 19 billion ($227.7 million) from IIFL Finance Ltd.

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Reorg Blog

APRIL 15, 2024

In real estate, as the saying goes, it’s about location, location, location. Often, it’s also about timing, timing, timing – even if at the time, the timing looks to be all wrong.

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APRIL 15, 2024

Trump Media & Technology Group Corp (TMGT) shares plummeted after the entity filed to the U.S. Securities and Exchange Commission (SEC) to issue 21 million shares. The parent company of social media platform Truth Social has approached the SEC with a Files S-1 Resale Registration Statement. Trump shares nosedive after announcement The shares in the company ended the day on the stock market a further 18% down on initial trading.

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Reorg Blog

APRIL 15, 2024

The post Greenko Notes Likely to Underperform as Fundamentals Weaken appeared first on Reorg.

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