Credit: Mohammed Louati/Unsplash The streamer Trainwreck has announced he will take a break from gambling after losing $19.5 million in a livestream at online casino Stake. In other broadcast news, political commentator Tucker Carlson has urged young men not to pay their gambling debts. In a stream posted on Kick two days ago titled “Max…
Canara Bank has informed the Bombay High Court that it has withdrawn its classification of industrialist Anil Ambani’s loan account as ‘fraudulent’. This decision comes after Ambani’s Reliance Communications, along with its unit, was initially labelled as such due to allegations of misappropriating a Rs 1,050 crore loan, news agency PTI reported. The funds, sanctioned…
Canara Bank has informed the Bombay High Court that it has withdrawn its classification of industrialist Anil Ambani’s loan account as ‘fraudulent’. This decision comes after Ambani’s Reliance Communications, along with its unit, was initially labelled as such due to allegations of misappropriating a Rs 1,050 crore loan, news agency PTI reported. The funds, sanctioned…
There are few phrases in the modern lexicon more accursed than “software-based car,” and yet, this is how the failed EV maker Fisker billed its products, which retailed for $40–70k in the few short years before the company collapsed, shut down its servers, and degraded all those “software-based cars”: https://insideevs.com/news/723669/fisker-inc-bankruptcy-chapter-11-official/ Fisker billed itself as a…
GAC Fiat Chrysler Automobiles joint venture declared bankrupt MSN Read the original article here
Three years after announcing its withdrawal from the Chinese market, GAC Fiat Chrysler Automobiles (GAC-FCA) has officially succumbed to its financial woes. On July 8, the joint venture announced its inability to reorganise, leading its administrator to file for bankruptcy with the Changsha Intermediate People’s Court in Hunan Province, a move supported by creditors. GAC-FCA’s…
This toolkit has been developed by the Fairness Group, led by the Government Debt Management Function (GDMF), with representatives from government organisations, the debt advice sector and other support organisations. This toolkit is intended to enable frontline staff to identify and help customers who may need additional support (sometimes called ‘vulnerable customers’) in a debt…
Secured Creditor Is Obligated To Contribute Towards Workmen’s Dues When Security Interest Is Realised… Live Law Read the original article here
Money that could help address the teacher shortage is often the first to get cut in pursuit of keeping up with government pension debt. Supporting Illinois teachers will require constitutional pension reform and protecting Tier 2 cost savings. Teachers unions claim Illinois needs to improve teacher pensions to attract more educators, but new survey…
The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered an order initiating the Corporate Insolvency Resolution Process (CIRP) against Gstaad Hotels Private Limited. The ruling, made on July 8, 2025, by Justice Virendrasingh G Bisht (Retd.), Member (Judicial), and Prabhat Kumar, Member (Technical), stems from a significant financial default. The insolvency petition,…