NCLAT upholds penalty against Santoshi Finlease

In a recent ruling, the National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by Santoshi Finlease Private Limited, upholding a penalty of ₹10 lakh imposed by the National Company Law Tribunal (NCLT) for filing a malicious and fraudulent insolvency petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The…

How to gamble without risking your financial future

(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…

Perfios Acquires AI-Driven Debt Management Platform CreditNirvana

MUMBAI: B2B SaaS fintech Perfios has acquired CreditNirvana, an AI-driven debt management and collections platform. This acquisition will enhance Perfios’ capabilities in collections and debt management, strengthening its end-to-end product stack.CreditNirvana leverages AI and predictive analytics to automate the entire collections lifecycle, from early-stage delinquency management to legal recoveries. With lenders in India spending over…

School lunch programme ‘not at risk’ after provider liquidated, David Seymour positive about its future

Paul Harvey from The School Lunch Collective — the grouping of organisations providing meals — said it was a “difficult situation” for Libelle, which has offered residential catering, tuckshop solutions and school catering services for the past 20 years. “To minimise disruption, Compass Group has taken immediate steps to support Libelle, including ensuring staff wages…

How to gamble without risking your financial future

(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…

How to gamble without risking your financial future

(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…