No plans of filing for insolvency: SpiceJet
Amid stressed financials and lessors baying for its blood, the management of SpiceJet has said that it has no plans...
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SC orders liquidation of Jet Airways
The Supreme Court in a pathbreaking judgment dashed all the hopes of revival of the Jet Aiways as it overturned...
Restaurant chain TGI Fridays files Chapter 11 bankruptcy in US
TGI Fridays Inc, the owner and operator of the TGI Friday’s casual dining chain, on 2 November filed voluntary petitions...
Tupperware files for Chapter 11 bankruptcy
The once-popular Tupperware brand, synonymous with colorful, airtight food storage containers, has filed for bankruptcy protection. The company, whose sales...
Lenders to Reliance Capital raise concerns over Rs 7,300 cr debt mobilisation by IIHL
Lenders to debt-ridden Reliance Capital (RCAP) have raised concerns regarding the term sheet provided by the Hinduja Group firm IIHL...
ARCs assets likely to decline by up to 10% in FY25: Crisil
Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to...
NCLAT gives nod to Byju’s one-time settlement with BCCI
The National Company Law Appellate Tribunal (NCLAT) has overturned a previous decision by the Bengaluru bench of the NCLT to...
NCLAT judge recuses himself from Byju’s insolvency case hearing
A National Company Law Appellate Tribunal (NCLAT) judge recused himself from hearing Byju's appeal for an interim stay on the...
Insolvency court admits bankruptcy petition against Byju’s
The Bengaluru Bench of the NCLT has admitted the insolvency application filed by Board of control for Cricket in India...
MGM Healthcare acquires SevenHills Hospital in Vizag for Rs 171 crore
MGM Healthcare, a multi-specialty quaternary-care group, has acquired the 300-bed SevenHills Hospital in Visakhapatnam for Rs 171 crore. The acquisition...