Mumbai: The Department for Promotion of Industry and Internal Trade (DPIIT) has approved the ₹10,000-crore acquisition of Anil Ambani-promoted Reliance Capital by Hinduja Group-backed IndusInd International Holdings (IIHL), sources familiar with the development told ET. With this approval, all regulatory clearances required to finalise the transaction are now in place, said sources. IIHL had already … Read more
A group of unsecured creditors pushed to derail the sale of bankrupt gym chain Blink to a UK company after it won an auction over Planet Fitness, The Post has learned. Planet Fitness — the largest gym chain in the US with more than 2,000 locations — had made an 11th-hour bid to acquire Blink, … Read more
By Eliza Ronalds-Hannon, Reshmi Basu and Jonathan Randles | Bloomberg Franchise Group, the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of losses and turmoil surrounding its backer B. Riley Financial Inc. The company, also known as FRG, filed under Chapter 11 in … Read more
DALLAS — Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court. TGI Fridays Executive Chairman Rohit Manocha … Read more
Conspiracy theorist Alex Jones is seeking to protect his personal social media accounts from being sold in the upcoming auction of his Infowars media platform to pay more than $1 billion he owes relatives of the Sandy Hook Elementary School shooting, claiming selling those accounts would violate his privacy and deny him a chance to make a fresh start … Read more
Opening up a pie shop is hard enough. Throw in an abrupt closure from your crowdfunder, and that might make you crazy. That’s exactly what happened to Elias Lehnert, a fourth-generation piemaker who owns Legacy Pie Co., when Mainvest, a Massachusetts-based equity crowdfunding site, announced it was closing. At the end of May, Mainvest sent … Read more
Bankruptcy Judge Christopher Lopez says he doesn’t have the authority to intervene between the pair, suggests they find another court Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: October 23, 2024 at 7:12 p.m. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more
With the 2024 election a mere two weeks away, here’s a free and timely tip for anyone thinking of lying about the outcome and smearing innocent individuals in the process: don’t do it, or you might wind up like Rudy Giuliani, whose humiliating downfall students of history will be reading about for years to come. … Read more
New Delhi: Cancer patients are nearly five times more likely to experience bankruptcy, as financial fallout can follow patients with cancer and their families in the form of lower credit scores and other forms of monetary challenges years after a cancer diagnosis. For patients with bladder, liver, lung, and colorectal cancers, the impact on credit … Read more
From China’s deadly ICBM to Malaysia’s fascination with ‘chaotic’ sisters, here are a few highlights from SCMP’s recent reporting. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, … Read more
