Chicago Public Schools is challenging the Service Employees International Unions petition to represent 1,600 miscellaneous workers, stalling the effort.
Four parties, including the promoter and Germany's Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of 226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The resolution process is advanced, with lenders anticipating over 50% recovery.
Silver retreated sharply after smashing through $80 an ounce for the first time, halting a record-breaking rally powered by Chinese speculative demand.