Genesis has filed for bankruptcy in the Southern District of New York. The company has liabilities and assets, both in an undisclosed range between $1 billion (roughly Rs. 8,120 crore) to $10 billion (roughly Rs. 81,200 crore). As part of its next line of action, Genesis aims to raise capital by launching a marketing and sale process to monetise its assets.
from Gadgets 360 https://ift.tt/C3JRfsL
No comments:
Post a Comment