Searched for
BANKRUPTCY PROTECTION
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...- In 1839, a struggling inventor dropped rubber mixed with sulfur onto a hot stove, and it wasn’t just a ruined batch: It revealed how to stabilize rubber permanentlyCharles Goodyear's serendipitous discovery in 1839 was nothing short of revolutionary for the world of natural rubber. By developing the vu...
- The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
- Devendra Fadnavis' 'rejected maaal' remark shows poor understanding of parliamentary democracy: CongressMaharashtra Congress leader Sachin Sawant criticized Chief Minister Devendra Fadnavis' "rejected maal" remark against Rahul Gandhi, calling...
- Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
- 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...
- 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, ...
- She ran away from abusive marriage at 16, became the box office queen by 20; This Class 4 dropout who saved the film industry died feeling unlovedLong before the stage name "Silk" became synonymous with South Indian glamour, Vadlapati Vijayalakshmi was a child bride fleeing an abusive...
- 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.
- Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
- Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolventThe Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...
- When money problems hurt kids: The hidden emotional cost and how to helpIn situations of financial distress, parents may themselves need help and support. Many of us that live the good life can look out to help ...
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
- 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...
- IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
- Supreme Court refuses to stay Adani’s ₹14,500 cr JAL resolution planThe Supreme Court has declined to halt Adani Group's ₹14,500-crore plan for Jaiprakash Associates. Vedanta's challenge to the resolution pl...
- New creditor-led IBC framework to put in place safeguards for stressed firm's managementNew creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' ...
- Tupperware files for bankruptcy: Why the tiffin box and bottle maker lost its colour after CovidTupperware Brands and its subsidiaries have filed for Chapter 11 bankruptcy protection due to declining demand for their food storage conta...
Load More
