Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package questioned by a federal bankruptcy watchdog.
Marelli Approved to Borrow $519 Million at Start of Bankruptcy
Related Posts
Operation Sindhu to bring home Indians in Iran
Amid rising tensions between Israel and Iran, India initiated Operation Sindhu to evacuate its citizens. As an initial step, 110 students were successfully relocated from northern Iran to Armenia, and…
Read moreKarnataka assures security for ‘Thug Life’ release; producer told not to proceed till KFCC issue settled
The Karnataka government has assured the Supreme Court it will ensure law and order and provide security for the release of ‘Thug Life’ in state theaters. This commitment follows the…
Read more