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INSCO to submit improved resolution plan for Hindusthan National Glass
INSCO to submit improved resolution plan for Hindusthan National Glass

Time of India

time08-06-2025

  • Business
  • Time of India

INSCO to submit improved resolution plan for Hindusthan National Glass

The Supreme Court approved bidder Independent Sugar Corp ( INSCO ) will submit to lenders an improved resolution plan for Hindusthan National Glass (HNG), the country's largest maker of glass bottles, said people aware of the development. The Africa-based bidder will offer ₹356 crore over and above it offered to pay earlier, they said. EY-backed resolution professional Girish Juneja will invite a committee of creditors (CoC) to vote on the revised INSCO plan after vetting it. As per the Supreme Court's order, only the INSCO plan will be put for voting, said the people. INSCO is owned by the Madhvani Group , a conglomerate based in Uganda. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In Uttar Pradesh - Watch What Happens Happy in Shape Undo Somewhat similar to Bhushan Power and Steel, it is among the rare cases wherein the apex court has rejected a plan after it had been approved by the CoC. At the heart of the matter is a Supreme Court ruling that rejected a CoC approved plan given by AGI Greenpac because it did not adhere to the terms of the request for proposal. AGI Greenpac, which gave a higher offer than rival bidder INSCO, failed to get requisite approval from the Competition Commissioner of India (CCI) before the plan was approved by the CoC. It received a conditional approval from the CCI after lenders had voted on the plan. Live Events While rejecting a review petition filed by AGI Greenpac, the Supreme Court directed INSCO to match the offer given by AGI Greenpac and directed the resolution professional to complete the resolution process involving the approval of the INSCO resolution plan by the CoC, by July 2025.

BigTime Creative Shop claims milestone Sports Emmy® win
BigTime Creative Shop claims milestone Sports Emmy® win

Campaign ME

time27-05-2025

  • Entertainment
  • Campaign ME

BigTime Creative Shop claims milestone Sports Emmy® win

BigTime Creative Shop has received a Sports Emmy® Award for Outstanding Promotional Announcement at the 45th Annual Sports Emmy® Awards presented by the National Academy of Television Arts & Sciences (NATAS) – a win BigTime says marks the first time a Middle East and Africa-based creative shop has taken home the honour. The award was for Obsession – Usyk 2 Fury Reignited, a stylised promotional film created for Riyadh Season's highly anticipated boxing rematch between Oleksandr Usyk and Tyson Fury. The film was conceptualised by BigTime, directed by French collective Megaforce, and produced by Riff Raff Films. Set to Kylie Minogue's Can't Get You Out of My Head, the film offers a surreal and comedic depiction of mutual obsession between the two boxers. From Fury imagining Usyk replacing his entire family to Usyk spotting Fury's face on a sausage – a nod to the fighter's infamous taunts – the film built global buzz around one of the sport's most talked-about rivalries. The campaign was part of Riyadh Season's broader strategy to cement Saudi Arabia as a global hub for major sports and entertainment events. BigTime Creative Shop has worked across sport, culture and entertainment and was recognised as the most awarded independent agency in MENA at Dubai Lynx and The One Club, and named Middle East Agency of the Year at Adfest.

William pays tribute to ‘immense sacrifices' of rangers after fatal attack
William pays tribute to ‘immense sacrifices' of rangers after fatal attack

Glasgow Times

time07-05-2025

  • Glasgow Times

William pays tribute to ‘immense sacrifices' of rangers after fatal attack

Anti-poaching scouts Domingos Daude and Fernando Paolo Wirsone were killed in the attack in the Niassa Special Reserve last week, according to William's United for Wildlife (UFW) organisation – which combats the illegal trafficking of animals. Ranger Mario Cristovao was injured and a further two scouts remain unaccounted for. This attack is yet another brutal reminder of the immense sacrifices made by those protecting our natural world. The reality is that being a ranger has become one of the most dangerous jobs on the planet. My thoughts are with all those affected and their families. W — The Prince and Princess of Wales (@KensingtonRoyal) May 7, 2025 In a personally signed message on X, William called their jobs 'one of the most dangerous' in the world. 'This attack is yet another brutal reminder of the immense sacrifices made by those protecting our natural world,' he said. 'The reality is that being a ranger has become one of the most dangerous jobs on the planet. 'My thoughts are with all those affected and their families. W' He reposted a UFW statement which said: 'Our heartfelt condolences go to the families and colleagues of Domingos and Fernando as well as the severely injured scout Mario Cristovao who we hope makes a full recovery. 'Our thoughts are also with the families of the two scouts that remain unaccounted for, we pray for their safe return and know the team in Niassa are doing everything possible to find them. 'Rangers are on the frontline of nature protection, and these devastating acts of violence are a stark reminder of the grave danger these individuals face on a daily basis. 'This highlights the critical need to increase our efforts to support the crucial work of nature's guardians.' In November last year, the prince announced a new life insurance cover for rangers who safeguard Africa's wildlife. In his keynote speech at the UFW summit, William described the workers as 'guardians of our planet's most precious resources' as he outlined the five-year Ranger Welfare and Standards Initiative, providing 10,000 rangers working across Africa with access to the financial scheme. He said: 'Rangers are fundamental if we are to meet our global conservation targets for 2030 and prevent the dangerous tipping points that threaten our planet. 'These people do far more than protect wildlife. They are educators. They are community supporters. And they help regulate the sustainable use of natural resources.' The future king is royal patron of the Africa-based wildlife charity Tusk Trust and in 2022 he paid tribute to 'committed and brave' ranger Anton Mzimba who was shot and killed outside his home that year.

William pays tribute to ‘immense sacrifices' of rangers after fatal attack
William pays tribute to ‘immense sacrifices' of rangers after fatal attack

Yahoo

time07-05-2025

  • Yahoo

William pays tribute to ‘immense sacrifices' of rangers after fatal attack

The Prince of Wales has paid tribute to rangers and the 'immense sacrifices' they make to safeguard nature after two scouts died in an attack in a Mozambique reserve. Anti-poaching scouts Domingos Daude and Fernando Paolo Wirsone were killed in the attack in the Niassa Special Reserve last week, according to William's United for Wildlife (UFW) organisation – which combats the illegal trafficking of animals. Ranger Mario Cristovao was injured and a further two scouts remain unaccounted for. This attack is yet another brutal reminder of the immense sacrifices made by those protecting our natural world. The reality is that being a ranger has become one of the most dangerous jobs on the planet. My thoughts are with all those affected and their families. W — The Prince and Princess of Wales (@KensingtonRoyal) May 7, 2025 In a personally signed message on X, William called their jobs 'one of the most dangerous' in the world. ADVERTISEMENT 'This attack is yet another brutal reminder of the immense sacrifices made by those protecting our natural world,' he said. 'The reality is that being a ranger has become one of the most dangerous jobs on the planet. 'My thoughts are with all those affected and their families. W' He reposted a UFW statement which said: 'Our heartfelt condolences go to the families and colleagues of Domingos and Fernando as well as the severely injured scout Mario Cristovao who we hope makes a full recovery. 'Our thoughts are also with the families of the two scouts that remain unaccounted for, we pray for their safe return and know the team in Niassa are doing everything possible to find them. 'Rangers are on the frontline of nature protection, and these devastating acts of violence are a stark reminder of the grave danger these individuals face on a daily basis. ADVERTISEMENT 'This highlights the critical need to increase our efforts to support the crucial work of nature's guardians.' In November last year, the prince announced a new life insurance cover for rangers who safeguard Africa's wildlife. In his keynote speech at the UFW summit, William described the workers as 'guardians of our planet's most precious resources' as he outlined the five-year Ranger Welfare and Standards Initiative, providing 10,000 rangers working across Africa with access to the financial scheme. He said: 'Rangers are fundamental if we are to meet our global conservation targets for 2030 and prevent the dangerous tipping points that threaten our planet. 'These people do far more than protect wildlife. They are educators. They are community supporters. And they help regulate the sustainable use of natural resources.' The future king is royal patron of the Africa-based wildlife charity Tusk Trust and in 2022 he paid tribute to 'committed and brave' ranger Anton Mzimba who was shot and killed outside his home that year.

Prince Harry ‘killed spirit of African charity Sentebale after marrying Meghan'
Prince Harry ‘killed spirit of African charity Sentebale after marrying Meghan'

Yahoo

time18-04-2025

  • Health
  • Yahoo

Prince Harry ‘killed spirit of African charity Sentebale after marrying Meghan'

Prince Harry reportedly became 'disinterested' in his Africa-based charity Sentebale following his marriage to Meghan Markle and move to the United States. The Duke of Sussex's apparent withdrawal is said to have 'killed the spirit' of the organisation, which he co-founded in 2006 with Prince Seeiso of Lesotho in memory of his late mother, Princess Diana. The claims come amid suggestions that Harry's involvement dwindled significantly after his 2018 wedding and the couple's relocation to North America two years later. The pair made the 'truly heartbroken' decision last month to resign as patrons from the charity — which supports Lesotho's vulnerable youth — following a string of allegations from former chairman Dr Sophie Chandauka. The Zimbabwean-born lawyer accused the estranged royal of staging a 'cover-up' of an investigation into wrongdoing at Sentebale and sending an 'unpleasant' message for failing to defend Meghan in public. Harry last visited Lesotho in southern Africa in October 2024 — his first in six years. Harry's a loved figure, but his loss of interest has totally killed the spirit of the Sentebale Chief Khoabane Theko He had previously visited more frequently, making four trips between 2010 and 2015. Chief Khoabane Theko, who claims to be Prince Seeiso's brother, said he was 'perturbed' when Harry and Meghan failed to visit Lesotho when on holiday in Africa. Arguing the Duke could have visited Lesotho 'more often', he told The Telegraph: 'When (Sentebale) was launched, I remember his words quite vividly, because he was very strong in saying 'my mother, this place, her passion about Africa' and all that.' The chief, who was unaware Harry had visited Lesotho twice since his marriage seven years ago, added: 'He's a loved figure because of his openness, but his loss of interest has totally killed the spirit of the Sentebale's survival.' Harry has accused Dr Chandauka of telling 'blatant lies' after the Charity Commision launched an investigation into 'concerns' about how Sentebale has been run. Since the resignations, Dr Chandauka has called the Sussexes' brand 'toxic' and accused Harry of 'harassment and bullying at scale' – a claim he fervently denied. In a statement, Harry said he believes the truth about their deepening rift will be 'unveiled'. He said: 'What has transpired over the last week has been heartbreaking to witness, especially when such blatant lies hurt those who have invested decades in this shared goal. 'No one suffers more than the beneficiaries of Sentebale itself.'

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