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NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...
Developing countries' debt hit record $9.4 trillion in 2025: World BankMost of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising ...
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and NalcoIndian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impress...
Naraka Chaturdashi 2026: Why Do People Clear Debts and Settle Pending Dues Before Diwali?Naraka Chaturdashi, commonly called Choti Diwali, celebrates the triumph of light over darkness in many households. As the Diwali festiviti...
Lenders accept Supreme Housing's Rs 522-crore settlement offerCanara Bank along with other lenders accepted a ₹522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement ...
Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
Shapoorji Pallonji Group seeks to raise up to $200 million to repay debtShapoorji Pallonji Group is currently planning to raise between $150 million and $200 million for debt management. The funds will primarily...
TVS Motor Q2 Results: Profit jumps 52% YoY to Rs 1,377 crore; revenue rises 44%TVS Motor Company reported a 52% rise in Q2 FY27 profit to Rs 1,377 crore, with revenue up 44%. Record sales, electric two-wheeler growth a...
Warren Buffett’s 6 golden rules for investors after retirementWarren Buffett’s retirement advice focuses on low-cost index investing, paying off high-interest debt, maintaining cash reserves, staying w...
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...
America's $1 trillion annual interest bill is growing as national debt surges, so why isn't the US facing a debt crisis like France?The United States continues to finance its national debt more effectively compared to France. While both countries face rising borrowing co...
Bank of Baroda shares drop 3% after NMC Healthcare founder BR Shetty files $15 bn lawsuit; lender issues clarificationBank of Baroda shares fell over 3% to Rs 230.40 on Wednesday following reports that NMC Healthcare founder BR Shetty filed a $15 billion la...
Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's...
ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked caseRakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims...