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BANKRUPTCY ANNOUNCEMENT
Evonith Steel acquires Indrajit Power in Maharashtra for Rs 232 crEvonith Steel has successfully acquired Indrajit Power Pvt Ltd for Rs 232 crore. This acquisition was completed through an insolvency proce...05 Jun, 2026, 03.37 PM IST- Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a signific...29 May, 2026, 09.36 AM IST
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...21 May, 2026, 07.28 PM IST
- 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 ...18 May, 2026, 10.24 AM IST
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...04 May, 2026, 08.15 PM IST
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...04 May, 2026, 07.00 PM IST
- 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...02 May, 2026, 04.50 PM IST
- 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...02 May, 2026, 04.49 PM IST
- Spirit Airlines stops flying with immediate effect: What travelers need to do about bookings and refundsLow-cost carrier Spirit Airlines has shut down operations. All flights are cancelled. The airline cites years of financial struggles and ri...02 May, 2026, 01.06 PM IST
- 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...01 May, 2026, 10.34 PM IST
- 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...26 Apr, 2026, 06.12 PM IST
- 'Don't...': Steve Jobs' mantra to Tim Cook that guided him through 15 years as Apple CEOTim Cook is stepping down as Apple CEO after a nearly 15-year tenure, during which the company's market value surged over $3.6 trillion. He...22 Apr, 2026, 09.30 PM IST
- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...15 Apr, 2026, 12.37 AM IST
- View: Trump got schooled by Iran. He’ll never learnIran war: Donald Trump's actions regarding Iran have led to significant financial costs for American taxpayers and human casualties. His rh...09 Apr, 2026, 04.19 PM IST
- NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...06 Apr, 2026, 12.33 AM IST
- GM has found buyer for Hummer: ReportGeneral Motors is expected to announce later on Tuesday the tentative sale of its muscle Hummer brand, but won't identify the buyer or pric...02 Jun, 2009, 10.32 AM IST
- Another major US newspaper files for bankruptcyMajor newspapers have taken emergency measures including filing for bankruptcy, announcing job cuts and effecting pay cut to stay afloat.21 Jan, 2009, 11.00 PM IST
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