In a nervous economy where people worry about rising costs and potentially losing their jobs, many people cut back on discretionary spending. If you’re worried about your finances and paying your everyday bills, you probably don’t replace your living room set or redesign your kitchen. “Furniture, of course, is many times a discretionary and deferrable…
Credit: Orbex The UK-based services provider Orbex has entered insolvency proceedings after a planned takeover by European space logistics startup The Exploration Company fell through. In December 2025, The Exploration Company entered negotiations to acquire Orbex. On 21 January, the companies announced they had signed a letter of intent, with The Exploration Company’s CEO Hélène…
Hyderabad: Actor Rajpal Yadav, who is currently in Tihar Jail due to a Rs 9 crore cheque bounce case, has received support from several Bollywood stars. The case started in 2010 when Yadav borrowed Rs 5 crore to fund his movie Ata Pata Laapata, which failed at the box office, leading to financial problems. Over…
ICAI Releases Comprehensive Handbook on Liquidation Accounting The Institute of Chartered Accountants of India (ICAI) recently released a handbook called “Liquidation Accounting”. This handbook examines global accounting standards issued by bodies such as IASB and FASB, as well as India’s legal framework under the Insolvency and Bankruptcy Code, 2016, with a particular focus on corporate…
The Financial Deep Dive Ansal Buildwell Limited’s unaudited standalone and consolidated financial results for Q3 FY26 reveal a precipitous decline in performance, marred by a significant net loss and critical developments concerning its subsidiary. The Numbers: Standalone Performance (Q3 FY26 vs Q3 FY25): Revenue from Operations: ₹166.59 lakhs, an 80.6% year-on-year drop from ₹860.12 lakhs.…
Impel, Pharmaceuticals 11.02.2026 – 13:11:03 Impeleuropharma US45258K1097 The biotech landscape is currently energized by clinical trial victories and multi-billion dollar licensing agreements. In stark contrast, Impel Pharmaceuticals (Impeleuropharma) exists in a state of suspended animation. For remaining shareholders, the focus has shifted entirely from…
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Scots film company that’s worked on major TV shows goes into liquidation The Scottish Sun Read the original article here
The corporate dissolution of ENGlobal is entering its conclusive phase under court supervision. Having transitioned to a formal liquidation plan last year, the company’s remaining activities are now solely focused on winding down operations through a liquidation trust. For existing shareholders, this process signals the imminent end of their equity participation. A pivotal event in…
The apartment building at 1960 Dallas St. in Aurora on Feb. 10, 2026. (Thomas Gounley/BusinessDen) A pair of apartment complexes in the North Aurora neighborhood, one of which was briefly overseen by a receiver last year, have filed for bankruptcy. Each of the buildings, at 1592 Boston St. and 1960 Dallas St., a half mile…