Search For "bankruptcy"
Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.
Read More
California firm agrees to pay $13.5 billion to wildfire victims
Updated : 6 years, 3 months ago IST
Washington D.C. [USA], Dec 7 (ANI): California's Pacific Gas and Electric (PG&E) on Friday (local time) said that it has agreed to pay USD 13.5 billion to the victims of wildfires that had killed dozens of people and destroyed tens of thousands of homes across Northern California last year.
Read More
RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
Read More
Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 3 months ago IST
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.
Read More
Warner Bros to launch film on military hound Rin Tin Tin
Updated : 6 years, 4 months ago IST
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.
Read More
Toys 'R' Us makes comeback after teaming up with Target
Updated : 6 years, 4 months ago IST
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.
Read More
IBC has helped improve business environment: Sitharaman
Updated : 6 years, 5 months ago IST
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.
Read More
Rajasthan CM writes to PM Modi to amend Bankruptcy Code
Updated : 6 years, 5 months ago IST
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.
Read More
Suzlon Energy denies reports of filing for bankruptcy, stock dives by 9 pc
Updated : 6 years, 5 months ago IST
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).
Read More
Miller's advice for Huffman: 'First day' will be 'most stressful'
Updated : 6 years, 6 months ago IST
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.
Read More
Kendall Jenner, others sued for Fyre Festival payments
Updated : 6 years, 6 months ago IST
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.
Read More
Govt pushing country towards bankruptcy, financial emergency: Congress
Updated : 6 years, 6 months ago IST
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.
Read More