Tata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...

Country music icon David Allan Coe, known for his outlaw spirit and hits like "You Never Even Called Me by My Name," has died at 86. His ca...

A panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...

The Insolvency and Bankruptcy Board of India (IBBI) is enhancing the insolvency framework. Now, resolution professionals are required to su...

US Bankruptcy Judge Thomas Horan signed off on Fisker's bankruptcy plan at a court hearing in Wilmington, Delaware, clearing the company to...

"We are pleased to reach this agreement with MIH, which is an example of our continuing efforts to monetize assets to deliver recoveries to...

Both lender groups participated in a $2 billion loan that Revlon used to purchase Elizabeth Arden in 2016. But the Brandco lenders, which i...

According to TechCrunch, Gemini has laid off 7%, or 68 employees, in the second round on Monday.

US Bankruptcy Judge Martin Glenn in Manhattan gave the liquidators authority to claim 3AC's US-based assets and issue subpoenas to its foun...

Under the Code, the CoC represents the creditors and a resolution plan requires its approval before being finally cleared by the tribunal.

Companies facing bankruptcy petitions have reportedly cleared dues of as much as Rs 830 billion ($12 billion) with creditors, Sahoo said

IBC, billed as the biggest economic reform in India after the Goods and Services Tax (GST), is a rare example of a speedy rollout and imple...

Stating that there are jobs and livelihood at stake, NCLT chief MM Kumar said the idea is not to lay stress on liquidation of the companies...

Jaitley also said there are a lot of expectations from this new insolvency mechanism and sure that it will deliver the desired results.

The proposed law will cover individuals, companies, limited liability partnerships, partnership firms and proposes a time-bound framework -...

Enron founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in US history, has died. He wa...

A federal judge has delayed sentencing for former Enron chief executives Ken Lay and Jeffrey Skilling, who were convicted last month of fra...