HICL posted a 31 percent fall in full-year pre-tax profit and said the political environment and collapse of building contractor Carillion weighed on earnings,
Galliford Try Plc is likely to face additional costs due to weather-driven delays in the construction of Aberdeen’s new ring road this year, the company said.
British construction and services company Interserve (IRV.L) said on Friday it signed refinancing deal with its lenders in a move to strengthen its cash balance.
Capita is raising 700 mn pounds to reshape a business that Lewis said had failed to adequately control costs and had grown unwieldy through acquisitions.
Britain’s pensions regulator twice ignored requests from trustees of collapsed outsourcing firm Carillion to force the company to plug its pension deficit.
Galliford Try laid out plans to raise 150 million pounds from investors in coming weeks and said it would bring forward plans to increase its dividend cover.
The British government said that another 101 jobs at Carillion Plc will be cut, as the fallout from Britain’s biggest corporate failure in a decade continues.
Handelsbanken reported fourth-quarter profit below expectations as loan losses stemming from the collapse of British construction and services group Carillion.
Insurer Fairfax Financial Holdings Ltd said it would buy some Canadian assets of bankrupt UK-based construction and services company Carillion for an undisclosed amount.
Capita lost 40% of its value after its new boss slashed profit forecasts and set out plans to raise cash to avoid the same fate as collapsed Carillion.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
Partner Apotex may sell generic of Abraxane in U.S.
Telecom Department may clear Vodafone-Idea merger today
Dr. Reddys new drug hits legal hurdle
U.S. court issues restraint order following patent litigation over Suboxone
Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product
The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter
Board mulls reshuffle of top management
ICICI Prudential Life Chief Bakshi may be named ICICI bank interim