Showing results for "#Bankruptcy"
State on verge of bankruptcy, infra loans used for daily expenses,...
Citing the Comptroller and Auditor General (CAG) report, Annamalai claimed that the State's debt has ballooned to a staggering Rs 8.5 lakh crore
SpiceJet's Ajay Singh-Busy Bee Airways team, Sky One emerge as suitors...
17 Feb 2024 1:31 PMThe announcement by Singh comes at a time when the crisis-hit SpiceJet is raising funds and rationalising costs, including by laying off more than...
Byju's saga: Salaries delayed, US unit files for bankruptcy
2 Feb 2024 9:30 AMIn December, the company had assured its employees their salaries would be credited on the first day of every month.
Collapsed crypto firm Terraform Labs files for bankruptcy
22 Jan 2024 10:00 AMThe company’s digital assets TerraUSD (UST) and Luna had collapsed and wiped out at least $40 billion in the company’s market value in May 2022.
Marred by turmoils, but best year for crypto
25 Dec 2023 8:30 PMBitcoin, the crypto’s bellwether asset, is up 160 per cent for the year.
Ebix stock in record plunge after bankruptcy filing
18 Dec 2023 5:44 PMThis agreement is part of the strategic decision by the company to seek a value-maximising transaction that will benefit all the stakeholders and put...
Sri Lanka's economy records positive growth for the first time since...
16 Dec 2023 10:00 AMThe IMF, which released the second tranche of its $2.9 billion bailout earlier this week, has said that Sri Lanka's overall growth for 2023 would...
Bankrupt crypto platform Genesis sues crypto exchange Gemini to...
23 Nov 2023 6:00 AMGenesis alleges that Gemini, owned by the Winklevoss twins, made "significant withdrawals" before Genesis filed for bankruptcy, contributing to a "run...