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  UP Police files FIR against Ansal Group for cheating, criminal conspiracy following CM Yogi's orders

  Uttar Pradesh | March 04, 2025 23:55 IST

  The Uttar Pradesh Police has filed an FIR against real estate giant Ansal Group on charges of cheating, criminal conspiracy, and breach of trust, following directives from CM Yogi Adityanath. The action comes amid the Ansal API bankruptcy crisis, which has left thousands of homebuyers stranded.

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  Yearender 2024: From Tupperware to Avon, notable companies that went bankrupt this year

  Business | December 22, 2024 18:41 IST

  Yearender 2024: iSun, a solar energy solutions, has also filed for bankruptcy. The company's bankruptcy raises concerns about the viability of the renewable energy sector given its financial troubles.

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  Setback for Byju's as Supreme Court overturns NCLAT order on Rs 158-crore settlement with BCCI

  India | October 23, 2024 14:56 IST

  The Supreme Court has overturned the NCLAT’s approval of a Rs 158 crore settlement with the BCCI, highlighting procedural lapses in handling bankruptcy petitions.

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  WeWork: Once a 'Wall Street darling', files bankruptcy in US. Will it impact Indian workforce?

  Business | November 07, 2023 16:43 IST

  In a statement, WeWork said it entered into a restructuring support agreement with stakeholders to “drastically reduce” the company’s debt while further evaluating WeWork’s commercial office lease portfolio.

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  Karnataka: Veteran BJP leader Yediyurappa accuses Congress government of failure, bankruptcy

  Karnataka | November 07, 2023 15:57 IST

  Yediyurappa emphasised that the Congress-led government, in power for the past five to six months, had failed in numerous sectors, leading to a state he described as "totally bankrupt." He announced the BJP's intention to protest against the government's alleged failures and irresponsible practices.

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  Go First says no definite timeline for resumption of flights: DGCA

  Business | May 23, 2023 18:38 IST

  Earlier this month, the Go First airline announced bankruptcy and suspension of all its flights due to the shortage of engines for its fleet.

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  Lufthansa grounds third of Airbus A220 fleet due to Pratt & Whitney engine issues

  Business | May 04, 2023 15:25 IST

  The problems with airlines' engines and grounded planes come as the travel industry tries to recover from the devastating Covid pandemic and as demand for travel increases.

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  Go First bankruptcy: Air India may open doors for cabin, cockpit crew | DETAILS

  Business | May 04, 2023 13:02 IST

  Go First bankruptcy: Recently, Air India had advertised that the airline will hire more than 1,000 pilots for its fleet with the tagline "Let's fly to new heights, together."

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  "Go First doing everything possible to navigate situation...": CEO Kaushik Khona tells employees

  Business | May 03, 2023 13:21 IST

  Go First news: According to the airline, the arbitrator ordered P&W to supply at least 10 serviceable spare leased engines by April 27 and a further 10 spare leased engines per month until December 2023.

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  Go First bankruptcy: Engine maker claims 'Airline has lengthy history of missing financial norms'

  Business | May 03, 2023 13:23 IST

  The critical statement from P&W came as the Indian ultra-low-cost airline based in Mumbai accused Pratt & Whitney of not supplying engines.

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  Silicon Valley Bank acquired by First Citizens Bank amid bankruptcy

  Business | March 27, 2023 12:35 IST

  The collapse of Silicon Valley Bank rattled the banking industry and led the FDIC and other regulators to act to protect depositors to prevent wider financial turmoil.

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  Supertech declared bankrupt after over Rs 432 crore default; over 25,000 homebuyers to be effected

  Business | March 25, 2022 23:50 IST

  The order is said to impact over 25,000 homebuyers who are awaiting possession of their homes booked with the developer for several years.

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  Sri Lanka settles sovereign bond payment as reserves dwindle

  Business | January 20, 2022 23:30 IST

  Including the latest payment, Sri Lanka has foreign debt obligations exceeding $7 billion in 2022, including repayment of another bond worth $1 billion in July.

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  Rumours of bankruptcy upset Rajesh Khattar, says sons Shahid & Ishaan were dragged in bad taste

  Celebrities | June 12, 2021 20:30 IST

  Rajesh Khattar in a recent interview shared the bankruptcy rumours amused him in the beginning but soon his sons Shahid Kapoor and Ishaan Khatter's names were dragged into it which was in a bad taste.

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  IL&FS' offshore arms file for bankruptcy in Dubai

  Business | September 24, 2020 15:13 IST

  Two offshore companies of IL&FS Group, ITNL Infrastructure Developer LLC, ITNL International DMCC have filed for bankruptcy in Dubai. 

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  AGR dispute: Vodafone Idea could head for bankruptcy

  Business | February 16, 2020 18:43 IST

  Vodafone Idea could be the largest bankruptcy ever in India as the inability to pay dues under the adjusted gross revenue (AGR) may push the Vodafone Plc and Aditya Birla joint venture in that direction.

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  RBI sends DHFL to bankruptcy tribunal

  Business | November 29, 2019 16:33 IST

  The Reserve Bank on Friday sent the crippled Dewan Housing Finance Corporation (DHFL) to the bankruptcy tribunal, making it the first NBFC/HFC to be resolved under the insolvency and bankruptcy code.

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  Popular fashion brand Forever 21 files for bankruptcy

  Business | September 30, 2019 7:22 IST

  Forever 21, capped months of speculation by saying that it would cease operations in 40 countries including Canada and Japan. The brand would close 178 stores in USA and 350 overall. 

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  IL&FS approaches NCLAT seeking release of Rs 145 cr held

  Business | September 26, 2019 12:54 IST

  Debt-ridden firm IL&FS has approached the National Company Law Appellate Tribunal (NCLAT) seeking the release of around Rs 145 crore held by Gujarat Urja Vikas Nigam.

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  Lakhs of Britishers stranded as travel firm Thomas Cook collapses

  World | September 23, 2019 9:25 IST

  The British government said the return of the firm’s 150,000 British customers now abroad would be the largest repatriation in its peacetime history. The process is set to begin later Monday and officials warned that delays are inevitable.