A Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...

The most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...

Jaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...

A new Central Board of Secondary Education language policy will require students entering Class IX from the 2026–27 academic year to study ...

North Carolina has sued Vietnamese EV maker VinFast for failing to meet its commitments to build a factory. The company has abandoned the s...

As India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering...

Premium processing has become a necessity for many US immigration applicants due to escalating delays in standard visa and employment autho...

A wealth management co-founder's assertion that Indians need ₹40 crore to retire at 60 if their expenses are up to Rs 2 lakh has sparked de...

Shares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...

Future Consumer Ltd (FCL), the FMCG arm of Future Group, has defaulted on Rs 615.67 crore in loan repayments and interest as of March-end 2...

Future Consumer Ltd (FCL), the FMCG arm of debt-laden Future Group, disclosed on Saturday that it defaulted on payments totaling Rs 449.04 ...

The debt-ridden Future Group has been facing three petitions filed by its operational creditors before the National Company Law Tribunal (N...

The principal amount includes -- Rs 3.27 crore term loan, Rs 72.25 crore for a working capital term loan, Rs 51.46 crore for funded interes...

"The Company is unable to service its obligations in respect of the interest on Non-Convertible Debentures...," it added.

On April 12, FEL had informed the exchanges about default on payment of Rs 9.10 crore interest on NCDs and Rs 1.22 crore on April 15. The l...

Future, which last year availed a loan moratorium amid the pandemic, has since defaulted on repayments. The defaults, coupled with the lega...