Searched for
CREDIT OF CREDITORS
IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...
Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probeThe Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance...
SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
NCLAT directs lower tribunal to hear Belgotex insolvency plea afreshThe National Company Law Appellate Tribunal has stepped in to challenge a lower court's ruling regarding Belgotex India, a key player in th...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) BillThe Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...
3 of the 7 IBC amendments credit positive for banks: Report"The amendments will be applied with retrospective effect and will strengthen the case of secured creditors in the Essar Steel resolution,"...
Proposed insolvency law amendments credit positive for banks: Moody'sThe proposed amendments aim to improve the code's effectiveness, said Moody's.
Binani Industries files application to terminate insolvency proceedings of Binani CementBinani Industries Ltd (BIL) has received an offer from the Aditya Birla group firm UltraTech to transfer its 98.43 per cent stake in BCL fo...