#asset-seizure
Russia seizes Nestle, Auchan, Lemana Pro and FM Logistic assets in latest Western corporate takeover
Russian authorities have seized assets of Nestle and three French groups. A decree signed by President Vladimir Putin transferred these Russian operations. These companies' Russian subsidiaries were transferred to LEV Management. Most Western firms had alr…
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashed
Byju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his disobedience of multiple orders concerning his assets. Raveendran must also pay S$90,000 in costs and provide proof of owne…