|
|
click this icon for latest updates
Shiwani October 6, 2025 11:48 PM IST
Filmmaker Hansal Mehta opens up about the darkest phase of his life, revealing how his 2000 film Dil Pe Mat Le Yaar pushed him into debt, addiction, and despair, yet taught him the lessons that shaped his future.
Victor Dasgupta September 23, 2025 8:23 AM IST
In addition, loans worth another 3.18 lakh crore taka are on the verge of default. It is believed that political pressure played a role in granting these loans.
Anirudha Yerunkar August 21, 2025 10:38 PM IST
Donald Trump's tariffs are weighing heavily across industries and the number of bankrupt companies is increasing.
Analiza Pathak July 8, 2025 11:58 AM IST
In recent times, his financial situation is slowly improving. As some of the loans on his companies are being cleared, investors are starting to return.
Analiza Pathak July 2, 2025 8:00 AM IST
The company was taken to insolvency proceedings after the conglomerate defaulted on payment of loans. Creditors are claiming a total of a staggering Rs. 57,185 crore to banks and financial institutions.
PTI February 2, 2025 10:50 PM IST
The Insolvency and Bankruptcy Code (IBC), which provides for a market-linked and time-bound resolution of stressed assets, came into force in 2016. Speaking at a conference organised by industry body Assocham and accounting body CPA Australia, Mital said creditors have recovered around Rs 3.6 lakh crore has been recovered by creditors under the IBC in the last 8 years.
Gazi Abbas Shahid January 1, 2025 9:03 PM IST
Pramod Mittal, once among the richest men in the United Kingdom (UK), is the brother of billionaire steel magnate Lakshmi Mittal. The 68-year-old, who once spent Rs 550 crore on his daughter's wedding, was declared bankrupt in 2020, with a loan of over 130 million pounds to his name.
Victor Dasgupta December 3, 2024 6:16 AM IST
Vivek Chaand Sehgal is the co-founder of the business conglomerate Motherson Group and one of the prominent millionaire businessmen today.
Ananya Srivastava June 24, 2024 1:30 PM IST
'Wanted' in India, businessman Vijay Mallya, who was once 'bankrupt', hosted his son, Siddharth Mallya's big fat Christian and Indian wedding in a lavish fashion in London. Absconding Lalit Modi and cricketer Chris Gayle were part of the guest list.
Sankunni K May 15, 2023 10:19 AM IST
The global aviation watchdog has said that the country failed to comply with international aircraft repossession norms after Go First was granted bankruptcy protection.
India.com Business Desk May 11, 2023 10:27 AM IST
Last Monday, the civil aviation regulator, DGCA, had directed the airline to immediately stop ticket sales and issued a show-cause notice for its failure to provide efficient and reliable services.
Anurag Kumar March 17, 2023 7:48 PM IST
SVB Financial sought bankruptcy protection after US authorities took over as it could not manage to stay afloat on its own.
India.com Business Desk November 23, 2022 3:17 PM IST
Launched in 1993, Jet Airways emerged as one of the most popular airlines for the Indian air passengers in a short period -- before collapsing under a mountain of debts and finally suspending operations in 2019.
Analiza Pathak November 11, 2022 8:14 AM IST
Musk, who ruthlessly moved to clean house after taking over Twitter for $44 billion on Oct. 27, has said the company was losing more than $4 million a day, largely because advertisers started fleeing once he took over.
India.com Business Desk June 16, 2022 11:54 AM IST
Revlon Bankruptcy: The 90-year old company is filing for bankruptcy under chapter 11. This means it will still be able to operate while figuring out a way to repay its creditors
India.com Business Desk January 23, 2022 1:26 AM IST
Budget 2022: The economists expect the Central government to re-introduce wealth and inheritance tax to address the rising inequality during Covid pandemic.
India.com Business Desk January 7, 2022 5:10 PM IST
The virtual event will be organised from January 10 to January 16, 2022. The event also aims to commemorate the 75th year of India's independence 'Azadi Ka Amrit Mahotsav'.
PTI May 18, 2021 9:41 PM IST
Mallya remains on bail in the UK while a confidential legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.
IANS July 16, 2020 10:36 PM IST
The terms and conditions of such sale may be decided in wider consultation with investors in the security receipts as per SARFAESI Act 2002.
PTI April 10, 2020 9:03 AM IST
"The parties agreed to a hearing after 1 June 2020. The outbreak of Covid-19 has made fixing a date uncertain. In my judgment it is in the interests of the administration of justice and in the public interest that this judgment be handed down now," the ruling noted.
India.com Business Desk November 16, 2019 5:35 PM IST
The four other directorial post holders who tendered resignations include Chhaya Virani, Ryna Karani, Manjari Kacker, and Suresh Rangachar.
IANS August 9, 2019 8:24 PM IST
More than 200 real estate developers had moved the apex court referring to this amendment as "illegal and unconstitutional".
IANS July 25, 2019 2:36 PM IST
The Union cabinet had, on July 18, approved proposed amendments to the Insolvency and Bankruptcy Code.
ANI July 18, 2019 6:38 PM IST
Notably, the IBC Bill has eight amendments in seven sections of the Insolvency and Bankruptcy Code.
Don’t Miss Out on the Latest Updates.
Subscribe to Our Newsletter Today!
Enroll for our free updates
Follow Us 