IBC

The lenders of Future Retail Ltd have rejected Space Mantra's bid for the debt-ridden firm, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP). Despite Space Mantra's efforts, their Resolution Plan for Future Retail Ltd...

FMCG organizations in Italy have formally communicated their intention to the government, urging their food manufacturer members to implement significant price reductions.In a collaborative announcement by Centromarca, Federalimentare, IBC, and the Italian Food Union, these associations...