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BANKRUPTCY ADMINISTRATION
How SK Hynix's bet on a niche memory chip made it more valuable than SamsungSK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandw...- In Trump's crypto 'scrip', family always wins. Investors don'tIn an eyebrow-raising twist of fate, the Trump family reportedly amassed over $2 billion through various cryptocurrency initiatives, leavin...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
- Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaulAdani Power is set to acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore. This move will boost Adani Power's g...
- Govt relaxes insolvency rules for MSMEsNew rules aim to simplify insolvency for MSMEs. Only one valuer will be appointed per asset class, cutting costs. Strict new regulations pr...
- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
- Rudy Giuliani in hospital in critical condition: What has happened to ex-New York City mayor?Rudy Giuliani remains in critical but stable condition at a Florida hospital as of Sunday evening, May 3, 2026. No cause for the hospitaliz...
- 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...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- 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 shuts down after 34 years; cancels all flights with immediate effect as fuel price surge hits operationsSpirit Airlines has ceased all operations with immediate effect, canceling flights and advising passengers to avoid airports. The decision ...
- Trump says he's still considering a taxpayer-funded deal to bail out Spirit AirlinesPresident Donald Trump is exploring a government takeover of Spirit Airlines. He stated that a final proposal has been given. The administr...
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- 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, ...
- US government stake in Intel has jumped 300% to $36 billionThat’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Exe...
- US considers using Defense Production Act in Spirit Airlines restructuring, source saysThe US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...
- Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.
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