bankruptcy
- India
Congress’s indecisiveness on Ram temple inauguration shows its political bankruptcy, says CPI(M)
Thiruvananthapuram: The ruling CPI(M) in Kerala on Friday lashed out at the Congress party which appeared to be indecisive over the invitation to attend the inauguration of the Ram temple at Ayodhya…
- Business
Application filed against Coffee Day Enterprises for insolvency proceeding
New Delhi: An application has been filed against Coffee Day Enterprises under Section 7 of the Insolvency and Bankruptcy Code, 2016 for insolvency proceedings. The application has been filed by IDBI Trusteeship…
- Business
Amazon e-commerce business acquirer Benitago files for bankruptcy
San Francisco: Amazon e-commerce business acquirer Benitago Group has filed for bankruptcy in the US, listing both assets and liabilities ranging from $50 million to $100 million. Founded by Benedict Dohmen and…
- World
SL Parliament appoints panel to probe causes of financial bankruptcy
Colombo: Sri Lanka’s Parliament has said that it has appointed a committee to probe into the country’s financial bankruptcy and submit recommendations on the matter. Speaker Mahinda Yapa Abeywardena announced in Parliament…
- India
Ahead of IICC meeting, demand for suspension of Sirajuddin’s membership raised
As the India Islamic Cultural Centre (IICC) gears up for its special general body meeting, a significant demand has emerged for the suspension of Sirajuddin Qureshi’s life membership. Ahead of the meeting…
- World
Vice Media files for bankruptcy, lenders to purchase it for USD 225 million
San Francisco: Vice Media Group has filed for bankruptcy and the company’s lenders, Fortress Investment Group, Soros Fund Management and Monroe Capital, agreed to purchase the company for $225 million — just…
- Business
Dublin-based Aircastle seeks insolvency proceedings against SpiceJet
New Delhi: The next and latest in line after Go First, SpiceJet airline is facing bankruptcy proceedings as the Ireland-based aircraft lessor Aircastle Ltd has moved the principal bench of the National…
- Business
Sam Bankman-Fried pleads not guilty to 8 counts of charges
New York: Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, has pleaded not guilty to fraud and money laundering charges. Bankman-Fried, also known as SBF, appeared at Manhattan federal court…
- Business
After FTX, now crypto finance firm BlockFi files for bankruptcy
New Delhi: Crypto finance firm BlockFi has filed for bankruptcy to help “stabilise its business,” as investors are yet to recover from the fall of crypto exchange FTX. BlockFi and eight of…
- Technology
Founders of crypto hedge fund Three Arrows Capital go missing
San Francisco: The founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have vanished and the officials charged with liquidating the company were looking for their whereabouts. The mega fund, founded…
- Telangana
Telangana on the brink of bankruptcy due to Central Govt, RBI curbs
Hyderabad: Telangana is on the brink of bankruptcy and in view of the central government and Reserve Bank of India curbs it is facing great financial difficulties. Under the permission given by the…
- World
Sri Lanka requests IMF for rapid financial aid amidst current economic crisis
Washington/Colombo: Sri Lanka’s Finance Minister Ali Sabry has met IMF Managing Director Kristalina Georgieva in Washington and made a request for a Rapid Financing Instrument (RFI) amidst the unprecedented economic crisis in…
- India
2,000 Indian students scammed as 3 Canadian colleges shut after bankruptcy
Toronto: Over 2,000 Indian students, who face an uncertain future after three Montreal colleges closed last month by declaring bankruptcy, have demanded intervention by the Canadian government to give them justice. The…
