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REORGANIZATION PROCEEDINGS
Why Employers Freeze Hiring Before Major Workplace ChangesHiring freezes, often seen as cost-saving, can signal deeper organizational shifts like restructuring, budget cuts, or a change in business...
The Mystery of the Immortal Jellyfish: How It Reverses Its Own AgingA small jellyfish, Turritopsis dohrnii, possesses an extraordinary ability to reverse its aging. When stressed or injured, it transforms ba...
US judge temporarily blocks Trump plans for mass layoffsA U.S. judge has temporarily blocked federal agencies from proceeding with mass layoffs of government workers ordered by President Trump, c...
Manipur all-party meet opposes upcoming delimitationAn all-political party meeting in Manipur opposed the ongoing delimitation exercise due to the prevailing conflict and discrepancies in the...
Union Minister Amit Shah in Andhra Pradesh, to inaugurate NIDM southern campus on Jan 19Union Home Minister Amit Shah is to inaugurate the southern campus of the National Institute of Disaster Management and the 10th Battalion ...
Vedanta creditors may meet in February to approve split of mining conglomerateVedanta Ltd. creditors are set to make a final decision on Feb. 18 regarding the company's plan to split into five different businesses, in...
China Evergrande's EV arm units to enter bankruptcy, reorganization proceedingsChina Evergrande New Energy Vehicle announced on Monday that a local court had directed two of its units to undergo bankruptcy and reorgani...
Aiming for integration, India's Tri-Service Act notification sets stage for theatre commandsThe Indian government has enacted the Inter-Services Organisations (Command, Control and Discipline) Act, facilitating the creation of unif...
Crypto lender Celsius Network cleared to exit bankruptcyUS Bankruptcy Judge Martin Glenn in Manhattan signed off on the restructuring in an order published on Thursday. The reorganized business w...
Crypto lender Celsius Network cleared to exit bankruptcyNew Jersey-based Celsius filed for Chapter 11 protection in July 2022, one month after freezing customer accounts to prevent withdrawals. C...
SVB UK handed out over 15 million pounds in bonuses days after HSBC rescue: Sky NewsPayouts to staff including senior executives were signed off by HSBC earlier in the week, the report said, adding that the bonuses would no...
SVB Financial seeks bankruptcy protection for reorganisationThe plan to seek bankruptcy protection comes after the tech lender said on March 13 it was planning to explore strategic alternatives for i...
View: Delay in implementing cross-border insolvency law is detrimental to Indian creditorsHere's a case for early implementation of cross-border insolvency law in India. All professionals in the field have been advocating introdu...
Cairn Energy withdraws all litigations in retrospective tax caseCairn Energy “has entered into the final stage in its undertakings with the Government of India by withdrawing Indian and global appellate ...
A flood of business bankruptcies likely in coming monthsCompanies forced to close or curtail business due to government attempts to stop the virus's spread have mounting debts and uncertain prosp...
Big thumbs-up to Modinomics: India jumps 30 places to 100th rank in ease of doing business reportIndia witnessed the biggest jump in the criterion of paying taxes, moving up 53 places on the back of improvements in the tax systems.
Cairn Energy wants $5.6 billion compensation from India for 'unlawful' tax demandCairn initiated arbitration proceedings after the Indian authorities demanded Rs 10,247 crore from Cairn Plc for what they said were capita...
Budget 2016: FM Arun Jaitley's efforts to settle retrospective tax demands may not succeedJaitley's proposal to enable corporate taxpayers to settle demands arising out of retrospective amendments may not cut much ice.
- Reader's Digest files prearranged Ch. 11 papers
Reader's Digest Association Inc. said that it has filed for prearranged Chapter 11 bankruptcy protection as part of its restructuring plan.
- Delta Air Lines posts $1.77 bn profit
Delta Air Lines Inc, cited a 5.5 per cent gain in sales as it reported on Wednesday.