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CREATIVE BANKRUPTCY
Quote of the Day by legendary rock singer Jon Bon Jovi: “You can't win 'til you're not afraid to lose” — Inspiring quote on courage, overcoming fear of failure, taking risks, personal growth and achieving success in lifeQuote of the Day by Jon Bon Jovi: Jon Bon Jovi’s powerful quote, “You can't win 'til you're not afraid to lose,” offers a timeless message ...
'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...
Chandigarh company owner who gifted 51 luxury cars to employees on Diwali once went bankrupt, now owns 12 companiesDiwali car gift: Chandigarh-based MITS Group founder MK Bhatia surprised employees by gifting 51 brand-new Scorpio SUVs ahead of Diwali. Th...
Jennifer Garner’s closeness with Ryan Reynolds has Ben Affleck feeling uncomfortableHollywood witnesses a shift in dynamics. Jennifer Garner and Ryan Reynolds are becoming closer. This closeness is reportedly bothering Ben ...
‘How can chor be creative': Nawazuddin Siddiqui blasts Bollywood, says Anurag Kashyap was doing good workNawazuddin Siddiqui critiques Bollywood's lack of originality. He points out the industry's reliance on formulas and imitation. Nawaz highl...
Major chain set to close hundreds of stores in US after going bankrupt for second time. Story in 10 pointsStruggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more than half of its current nationw...
Mark Zuckerberg’s gold-plated chain sold at auction for nearly 100 times its market value. He wore it only onceMark Zuckerberg's gold-plated chain was sold at an auction for nearly 100 times its market value. The 6.5mm Cuban chain gold vermeil neckla...
Elon Musk's ex Grimes opens up about her heartbreaking struggles over bitter custody battle for kidsClaire Grimes Boucher, ex-partner of Elon Musk, has opened up about her heartbreaking struggles over the bitter and messy custody battle fo...
DALL·E 2, our new go-to Salvador DaliIf you've noticed a change in the images that occupy the small space that accompanies each editorial above this column since yesterday, you...
Malaysia's AirAsia Group plans air taxi, drone delivery serviceAs part of the group's diversification push, it also aims to launch a ride-hailing service next month as COVID-19 continues to hit air trav...
Covid-induced contraction in creative economy, income loss: ReportSignalling that during the pandemic, the creative industries continue to face a very uncertain future, the report shows that the creative e...
Suspending IBC for a year bad idea, restart bankruptcy courts in 2-3 months: Viral AcharyaAcharya, who went back to New York as a professor of economics after quitting his job at the RBI six months before the end of his three-yea...
NCLT approves Dhanuka Lab’s Rs 1,116 crore plan to buy debt-hit Orchid PharmaA consortium of 24 banks has lent a total of over Rs 3,200 crore to the drug maker and the lenders will be taking a haircut of around 65%.
Those who gave personal guarantees may get into trouble: Sandeep Parekh, Finsec Law AdvisorsNPAs used to linger for years and decades. Now, hopefully it will be resolved within a year, says Parekh.
Governor Patel hints RBI may say yes to a bad bankNew governor Urjit Patel's unexplained new approach to the lingering issue may include a proposal to have a bad bank which Rajan resisted s...
Urjit Patel may junk Rajan's NPA approach; may transfer stressed assets to bad bank entityPatel pointed out that in 2007-08, the banking sector supported investment in infrastructure and five sectors - contributed to 61% of the s...
Economic Survey 2015 recommends three-pronged strategy to improve investment climateThe Survey recommends revival of public investment in short term, to act as an engine of growth in infrastructure sector.
Prime Focus to bid for Hollywood company Rhythm & HuesPrime Focus has thrown its hat in the ring to buy a Hollywood visual effects company known for bringing to life Ang Lee’s Oscar winner Life...
- Bankruptcies seen growing more litigious
The current wave of bankruptcies is likely to be much more litigious, as creditors of bankrupt companies seek to recover money in more inno...
- Auto cos may bank on bankruptcy to get out of blues
Auto makers and their suppliers are likely to declare bankruptcy at a faster rate in the next five years, according to a majority of global...