Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Mumbai (Maharashtra) [India], Nov 16 (ANI): Billionaire industrialist Anil Ambani on Saturday resigned as Director of Reliance Communications as the bankrupt telecom operator nears sale of its assets under an insolvency process.
Mumbai (Maharashtra) [India], Nov 16 (ANI): Bankrupt telecom operator Reliance Communications has posted a consolidated loss of Rs 30,142 crore for the second fiscal quarter (July to September) due to provisioning of liabilities after the recent Supreme Court ruling on statutory dues.
Washington D.C. [USA], Nov 12 (ANI): Warner Bros is set to come up with a film based on the famous German shepherd, Rin Tin Tin, who was once credited with saving the studio from bankruptcy in the 1920s.
Washington DC [USA], Oct 20 (ANI): More than two years after filing for bankruptcy, Toys 'R' Us has managed to make a comeback with the support of a competitor, just in time for the holiday season.
New Delhi [India], Oct 1 (ANI): Lauding the Insolvency and Bankruptcy Code (IBC), Finance Minister Nirmala Sitharaman on Tuesday said it has improved business environment in the country by making it easier for businesses to exit in case of difficulties.
Jaipur (Rajasthan) [India], Oct 1 (ANI): Chief Minister Ashok Gehlot has written to Prime Minister Narendra Modi, requesting him to safeguard the state government's assets and interests of workers in the eventuality of insolvency of a public enterprise.
Mumbai (Maharashtra) [India], Sep 30 (ANI): Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be approaching the National Company Law Tribunal (NCLT).
Washington D.C. [USA], Sept 15 (ANI): Dance instructor Abby Lee Miller, who served eight months for bankruptcy fraud and released in May 2018, has a piece of advice for actress Felicity Huffman, who was sentenced to 14 days in prison on Friday for her involvement in a college admission scam.
Washington D.C. [USA], Sep 1 (ANI): Supermodels Kendall Jenner and Emily Ratajkowski are among the many celebrities, who are officially sued by a bankruptcy trustee as a result of promoting the infamous Fyre Festival.
New Delhi [India], Aug 27 (ANI): Accusing the government of "snatching RBI money", the Congress on Tuesday said the country is being pushed towards "bankruptcy" and sought a white paper on the state of the economy.
New Delhi [India], Aug 27 (ANI) Accusing the government of "snatching RBI money", the Congress on Tuesday said the country is being pushed towards "bankruptcy" and sought a white paper on the state of the economy.