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Varun Badola opens up about near-brush with financial ruin, says he had less than Rs 2 lakh in his bank account and 7 mouths to feed

April 09, 2024 4:09 pm

Veteran actor Varun Badola opened up about regularly facing financial difficulties in his life, and said that his family once had less than Rs 2 lakh to survive on.

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Bankruptcy of Congress is moral and intellectual, not financial: BJP

March 22, 2024 6:01 am

BJP spokesperson Sambit Patra said the days of entitlement were over.

Why IDBI Bank has taken Mumbai Metro One to bankruptcy court

November 01, 2023 3:20 pm

After the State Bank of India, IDBI Bank took Mumbai Metro One to bankruptcy court. How much does the company owe lenders? What is its financial position?

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China Evergrande files for protection in US court as part of $32 billion debt overhaul

August 18, 2023 10:12 am

Embattled developer China Evergrande Group has filed for protection from creditors in a US bankruptcy court as part of its debt restructuring process, as anxiety grows over China's worsening property crisis and a weakening economy.

Go First extends flights cancellation till August 18

August 16, 2023 1:02 pm

Go First has not flown since May 3, as the Wadia group airline filed for voluntary insolvency with the NCLT on May 2

DGCA extends Jet Airways air operator certificate for completion of insolvency process

July 31, 2023 6:28 pm

JKC said it remains "fully dedicated to the revival of Jet Airways and is committed to Implementing a comprehensive strategy to ensure the airline's success."

Go First's lenders approve $55 million fund infusion to revive bankrupt airline: Report

June 27, 2023 10:44 am

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of Rs 450 crore to resume operations and restart the airline.

Go First extends suspension of flights till June 22

June 19, 2023 1:36 pm

In a tweet, cash-strapped Go First said, "Due to operational reasons, Go First flights until 22nd June 2023 are cancelled."

Virgin Orbit enters 'stalking horse' bid to sell aircraft assets for $17 million

May 17, 2023 10:44 am

Virgin Orbit said the bid does not prevent going concern bidders from making bids for all its assets, including the ones which Stratolaunch is bidding for.

Go First backs emergency arbitration in Pratt & Whitney dispute

May 16, 2023 9:10 am

Go First has blamed Raytheon Technologies-owned Pratt & Whitney for its financial woes and recent bankruptcy filing, arguing that the US firm supplied "faulty" engines and failed to replace them on time, resulting in the grounding of half of its fleet.