bankrupt
- Hyderabad
Rs 18K crore loan default: NCLT declares GVK PIL bankrupt
Hyderabad: The National Company Law Tribunal (NCLT) in Hyderabad has declared GVK Power and Infrastructure Ltd (GVKPIL) bankrupt, initiating the Corporate Insolvency Resolution Process (CIRP). This comes after GVK Coal Developers (Singapore)…
- Business
Bankrupt crypto platform Genesis sues crypto exchange Gemini to recover $689 mn
San Francisco: Bankrupt crypto lending platform Genesis has sued cryptocurrency exchange Gemini to recover $689 million. Genesis alleges that Gemini, owned by the Winklevoss twins, made “significant withdrawals” before Genesis filed for…
- World
ChatGPT maker OpenAI likely to go bankrupt by 2024: Report
New Delhi: ChatGPT maker OpenAI is likely to go bankrupt by the end of 2024 if it doesn’t get more funding soon, according to media reports. Analytics India Magazine reported that ChatGPT…
