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VICE BANKRUPTCY
CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the willIndia's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. N...- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
- Insolvency recoveries nearly halve in FY26 due to rising delays: ReportRecoveries under India's Insolvency and Bankruptcy Code (IBC) saw a sharp decline in FY 2025-26. Admitted claims yielded only 23 percent, a...
- Quote of the Day by Mark Twain: ‘The difference between the almost right word and the right word is…’ - Why people reread texts after hitting send, explained by the father of American literatureQuote of the Day by Mark Twain is on thoughtfulness and emotional conversation. He believed the difference between an almost correct word a...
- Quote of the day by Lisa Su: 'Dream big. This is the time to have a big, bold, audacious dream and follow your...' – AMD CEO’s inspiring advice to students and young professionals on ambition, chasing dreams, growth, success and thinking big in the AI eraQuote of the day by Lisa Su: AMD CEO Lisa Su inspires future leaders. She emphasizes dreaming big and embracing opportunities. Su highlight...
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
- View: Trump got schooled by Iran. He’ll never learnIran war: Donald Trump's actions regarding Iran have led to significant financial costs for American taxpayers and human casualties. His rh...
- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- J&J unit files for bankruptcy to advance $10 billion talc settlementA Johnson & Johnson subsidiary has filed for bankruptcy for the third time to advance a $10 billion settlement aimed at resolving over 62,0...
- Wipro largest unsecured creditor of bankrupt VICE MediaAccording to filings, it also owes money to other companies that provide enterprise software services to the company, including Workday, Ad...
- Credit crunch forces 7 US companies to file for bankruptcyThe wave of bankruptcies comes as companies struggle to re-negotiate burdensome debtloads accumulated during the era of ultra-low interest ...
- Vice Media, decayed digital colossus, files for bankruptcyThe bankruptcy will not interrupt daily operations for Vice's businesses, which in addition to its flagship website include the ad agency V...
- BuzzFeed, Vice woes signal crisis in digital-only mediaThe two media groups have different profiles and goals, but one thing they have in common is a reliance on advertising dollars to fund thei...
- Vice Media preparing to file for bankruptcy: ReportThe media firm has received interest from five companies and might consider a sale to avoid bankruptcy, the NYT report said.
- Vice Media heading for bankruptcy: ReportsThe New York Times reported that the company has been struggling to find a buyer to avoid declaring bankruptcy but there is still a chance ...
- Will delay in IBC cases result in bank losses?ICRA estimated lenders lost Rs 4,000 crore in the dozen high profile cases referred in the first phase.
- GM, Chrysler defend dealer cutsGeneral Motors and Chrysler defended their plans on Wednesday to eliminate about 3,000 dealerships in front of critics in Congress.
- 6 GM executives sell more than 200,000 sharesSix GM executives sold more than 200K shares as GM moves toward issuing new equity to give large stakes. More on Financial crisis | Countri...
- Lehman bond holders likely to lose $100 bn: ReportBondholders of the beleaguered Lehman Brothers may lose $110 billion (about Rs five lakh crore) on account of decline in the asset-value of...
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