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CENTRAL MALL BANKRUPTCY
Lunia vs Lendingkart; Qcomm’s quick transformationHappy Monday! Lendingkart’s cofounder has dragged the company’s Fullerton-led management to court. This and more in today’s ETtech Morning ...- JCPenney closing Westminster Mall, California store after 32 years — how can shoppers catch the final sales?JCPenney is closing its Westminster Mall location in California, ending 32 years of serving the local community. The store will stay open u...
- Bankruptcy court admits insolvency resolution plea against four Future Group affiliatesThe bankruptcy court has admitted four Future Group companies, including Future Corporate Resources and Central Departmental Stores, under ...
- Lenders fail to get bids for SOBO Central Mall ownerLenders had initiated SARFAESI proceedings to recover their dues totalling ₹571 crore from the company but they received no bids until the ...
- 'No luxury cars, no 5-star hotel stay': Pak ministers to forgo pay, perks for IMF bailoutCash-strapped Pakistan is taking several drastic austerity measures to ensure compliance with conditions set by the International Monetary ...
- Pakistan stares at bankruptcy even as Saudi decides to conduct study to assist Pak economyPakistan’s foreign exchange reserves have plunged to $5.6 billion, the lowest in almost nine years, which will cover less than one month of...
- Lenders of Future Enterprises appoint a forensic auditorThe development comes amidst an out-of-court debt restructuring proposal given by the company to lenders. However, two trade creditors have...
- Central Bank files a personal insolvency case against BiyanisThe bank has filed a personal insolvency case against promoter Kishore Biyani, his elder brother Vijay Biyani and cousin Sunil Biyani with ...
- SGX Nifty down 15 points; here's what changed for market while you were sleepingAsian markets were largely mixed on Friday after technology stocks lifted the S&P500 index to a new record even as investors weighed an une...
- RBI norms may exclude large number of companies from loan recast schemeBankers said corporates that have been lax in repayments before March 2020 will not qualify for restructuring even if they are not non-perf...
- SGX Nifty up 30 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 31 points, or 0.27 per cent, higher at 11,442.50, in signs that Dalal Street was headed for ...
- SGX Nifty down 20 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 19 points, or 0.17 per cent lower at 11,215, in signs that Dalal Street was headed for a tep...
- RIL in talks with Future’s lenders for 30% haircutThe negotiations involve a haircut of nearly 30% on outstanding loans of more than ₹6,000 crore and refinancing part of the borrowings for ...
- All regulators to do whatever necessary to revive economy: RBI sub-committeeThe sub-committee reviewed the major developments in the global and domestic economy.
- How the realty sector is being plagued by severe cash crunchWith buyers disinterested and lenders disappearing, the spectre of insolvency and price crash looms large.
- need2know: Karnataka election, oil above $77 and more macro triggers for your day on D-StreetA lowdown on top macro triggers that may move market on Monday.
- From airports to e-commerce, Canadian institutional money pouring into India like never beforeBulge bracket Canadian asset managers from pension or PE funds have been biggest India Bulls in last one year, whipping up storm with their...
- Bata set for rapid expansion; to open 70-100 stores a yearVillagran has changed the company since taking it over in early 2005, Bata has all the rights to believe in a rival's tagline: Impossible i...
- Bata India set for rapid expansion; stock upAfter turning around an ageing giant that Bata India was when he took it over six years ago, Marcelo Villagran has started the second part ...
- Loans to real estate players set to get costlierThe bill prohibits builder from accepting advance from buyer before sale agreement is signed. Best time for a value deal in real estate | B...
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