Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
More Trouble For Bira 91 As Lenders Take Control Of The Beer Café
The craft-beer maker Bira 91 has seen its lenders — including Kirin Holdings and Anicut Capital — assume control of its subsidiary café chain The Beer Café following pledged shares and debt defaults. The development highlights challenges in leveraged consumer-brands and the impact of lender interventions in stressed entities. (Inc42 Media)