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CREDITORS RETURN FUNDS
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
Rs 1.91 crore ‘unexplained cash’: HC grants relief to taxpayer despite ITR lapse by cash giverThe Patna High Court has provided relief to a taxpayer in a significant unexplained cash case. The court overturned an ITAT order concernin...
BPSL creditors face big clawback after SC rejection of planThe Supreme Court overturned JSW Steel's acquisition of Bhushan Power & Steel, potentially requiring creditors like Deutsche Bank and SBI t...
WazirX partners BitGo Trust Company to improve fund securityTroubled Indian cryptocurrency exchange WazirX has partnered with BitGo Trust Company -- a regulated digital asset custodian and infrastruc...
FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distributionFTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focus...
Celsius Network wins court approval for shift to bitcoin miningUS bankruptcy judge Martin Glenn in Manhattan on Wednesday said the bankruptcy plan approved in November contained enough flexibility to al...
IL&FS pays Canara Bank, others Rs 1,300 croreLenders led by Canara Bank have received close to ₹1,300 crore as part of their dues from Infrastructure Leasing & Financial Services (IL&F...
PCHF bonds offer a chance at double-digit returnsInvestors looking to earn double-digit returns from their fixed income portfolio can consider an investment in the nonconvertible debenture...
Sebi seeks 'secured creditor' tag for SSFsIndia's capital-markets regulator wants Mint Road and North Block to give special situation funds (SSF) the status of secured creditors, po...
Mutual fund holders cannot be equated with creditors, home buyers, says Supreme CourtThe Supreme Court on Wednesday termed “unsound and incongruous,” the submissions that the mutual fund holders can be equated with the credi...
Virgin Atlantic agrees private-only $1.5 bn rescue deal with shareholders & creditorsBritish airline said the restructuring plan was supported by a majority of shareholders, and is expected to come into effect in late summer...
Bain Capital agrees with Virgin Australia administrator to buy struggling airlineBain's bid was chosen over a rival offer from Cyrus Capital Partners and a recaptalisation proposal put forward by Virgin Australia bondhol...
- Workers' provident fund dues to get priority under company liquidation
SC has ruled that workers' provident fund dues would get priority over payments to secured creditors when a company is liquidated
- Unitech makes smart comeback, advances over 7 pc on BSE
Unitech gained over 7 per cent on the BSE today after the company's promoters announced they have repaid Rs 50.6 crore to creditors.
- Lehman creditors to be offered payout plan: Report
Lehman Brother's creditors in London will be approached by the bankrupt financial firm's administrator to join a payout plan, which seeks t...
- Lehman administrators reveal asset return plan
Administrators for the main European unit of bankrupt U.S. investment bank Lehman Brothers Holding Inc. revealed plans on Wednesday to retu...