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ENTREPRENEURS AND UNPAID DEBT
Rs 30,000 salary, Rs 40 lakh debt? Why Gen Z is slipping into a dangerous borrowing trap, plus 7 red flags to watchYoung Indians, particularly Gen Z, are facing a growing debt crisis. Easy digital loans and lifestyle demands are pushing them into signifi...- Vijay Mallya and India's endless legal limbo: When does the wait end?Vijay Mallya's case highlights the protracted nature of Indian debt recovery laws, leaving entrepreneurs in legal limbo for years. Despite ...
- Essar Group's cofounder Shashi Ruia passes awayRuia, a first-generation entrepreneur, co-founded Essar with his younger brother Ravi Ruia in 1969. It was a maiden venture to build a brea...
- ETPWLA 2024: Fuelling funding for female entrepreneurship and enabling women-led ventures in Tier I and Tier II citiesDr. Srimathy Kesan, Seema Chaturvedi, and Mitali Nikore dived into the funding landscape of Indian women entrepreneurs, with an emphasis on...
- SC upholds NCLAT order on payment of dues to former employees of Jet AirwaysThe top court refused to entertain a plea moved by the consortium and upheld the National Company Law Appellate Tribunal's (NCLAT) order.
- SC upholds NCLAT's order to clear unpaid dues of Jet Airways' former employeesIn a setback to the Jalan Fritsch consortium, the successful bidder of debt-laden Jet Airways, the Supreme Court on Monday upheld the Natio...
- Jalan Fritsch consortium moves SC over Jet Airways employees' duesThe appeal filed by counsel Avinash B Amarnath said the appellate tribunal had dismissed the consortium's plea to cap its payment liability...
- Tata Steel settles unpaid debt claim with Liberty Steel out of courtTata Steel had in April launched proceedings against Liberty Speciality Steels, Liberty House Group PTE and Speciality Steel UK, all part o...
- Path to restart Jet Airways operations very tough, uncertain, says expertAfter failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17...
- How a tycoon's death in a river laid bare India's mounting debt crisisSiddhartha's suicide has put a spotlight on problems of corporate elite-wide cash crunch and slowing growth.
- The high-flier whose stock never flew! How Jet ruined retail investors & HNIsOverall, the company has dues over Rs 36,500 crore but negligible assets to recover the same.
- Lenders file for Jet Airways' bankruptcy; hearing from WednesdayThe lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.
- How to manage your money when starting a new businessIf you have just started a business, here are some personal finance lessons from established entrepreneurs based on their experience and le...
- Take a knife to India's busted Macquarie cloneIL&FS had 30 years to spawn an Indian clone of Macquarie Group.
- Insolvency Ordinance has a critic in UmarjiA crafty competitor, according to him, may take advantage of the amendment to acquire or shut down a distressed competitor.
- Three common fees that you & your business can avoid payingIf you own a business, ATM cards with current account generally have unlimited withdrawal facility or you can ask your bank to provide you ...
- Angry Kingfisher Airlines employees say Vijay Mallya has blood on his handsMallya's KFA shut operations in 2012 due to problems of credit and cash, leaving over $2 billion in debt, more than 1000 employees jobless.
- For the good times to roll, we need good lawsNo business, private or public should be too big or too important to save itself from bankruptcy by admitting its about to belly-up and nee...
- Personal financial tips for entrepreneursFor many in business it is difficult to rigorously separate personal finances from professional expenses yet some common pitfalls can be av...
- Power crisis: Unpaid power sector entrepreneurs unable to run businessThe electricity business is in crisis. This story of a power sector entrepreneur tells us why.
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