Rainbow Corner directors have more time

Rainbow Corner directors have more time
Rainbow Corner's Bhavini and Rahul Doshi were presented with an award by former prime minister John Key. (Image: Facebook)
Riley Kennedy
The two directors of embattled early childcare education company Rainbow Corner have starved off bankruptcy – at least for another month.Bhavini and Rahul Doshi founded Rainbow Corner in 2018 and operated 13 early childhood education (ECE) centres across the country, a network of in-home-based childcare providers and an ECE private training establishment employing about 130 staff. But it collapsed earlier this year with liquidators, receivers and administrators taking control of the group’s multiple entities. All up, 20 en...

More Finance

BNZ defends profit as essential to attract capital
Finance

BNZ defends profit as essential to attract capital

The last major bank, BNZ, has fronted up to Parliament.

RBA’s policy shift brings February cut into focus
Finance

RBA’s policy shift brings February cut into focus

The central bank’s assessment reflected growing confidence that inflation is being tamed.

Todd suspends dividends, resets strategy
Finance

Todd suspends dividends, resets strategy

The family empire has also called time on offshore mega-projects.

Pattrick Smellie 11 Dec 2024
Serko wants to better analysts' expectations
Finance

Serko wants to better analysts' expectations

The listed travel management firm aspires to $250m in revenue by FY30.

Staff reporters 10 Dec 2024