bankruptcy

India Islamic Cultural Centre As the India Islamic Cultural Centre (IICC) gears up for its special general body meeting, a significant demand has emerged for the suspension of Sirajuddin Qureshi’s life membership. Ahead of the…

San Francisco: Vice Media Group has filed for bankruptcy and the company’s lenders, Fortress Investment Group, Soros Fund Management and Monroe Capital, agreed to purchase the company for $225 million — just about 4 per cent of the…

New Delhi: The next and latest in line after Go First, SpiceJet airline is facing bankruptcy proceedings as the Ireland-based aircraft lessor Aircastle Ltd has moved the principal bench of the National Company Law Tribunal (NCLT) to launch…

During the last years of my run at The New York Times, it seemed possible that digital news start-ups, like Vice and BuzzFeed, could eclipse old, legacy news organizations like us. The Gray Lady was looking every bit her age and she was…

Crisis-hit Go First which has liabilities worth Rs 11,463 crore, has sought voluntary insolvency resolution proceedings and the plea is set to be heard by the Delhi bench of the NCLT on Thursday(REUTERS)Over a dozen pilots and cabin crew…

Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat. The Union, New Jersey-based home goods retailer filed for…

Bankrupt crypto derivatives exchange platform FTX has reached a deal with the Bahamas-based hedge fund Modulo Capital to recover $404 million in cash along with the agreement that it will give up its claim to the $56 million in assets held…

Sam Bankman-Fried’s defunct crypto exchange FTX owes Jimmy Buffett’s Margaritaville resort nearly $600,000 — more than 10 times what was previously thought — and meanwhile racked up a $400,000 DoorDash tab ahead of…

US regulators shut down a second bank Sunday in a bid to stem the banking crisis after Silicon Valley Bank went down last week. Signature Bank, a New York-based, cryptocurrency friendly financial institution, was…

The Congress that has been questioning the Eknath Shinde-BJP government in the Maharashtra assembly on bringing back the old pension scheme for state government employees is now taking the battle to the streets.On Saturday, Congress leader…