The aviation industry again faced significant turbulence in 2024, with 14 airlines ceasing operations due to financial challenges and market dynamics. We look at the airlines that went bankrupt and those that rebranded or restructured in 2024. Those that ended operations… CSA (Czech Republic) CSA, a century-old airline, operated with a reduced fleet of two…
AC Milan owner Gerry Cardinale feels that Inter Milan “went bankrupt” after winning the Serie A title, which he wants to avoid. The Rossoneri owner and US businessman, founder of RedBird Capital, aimed a shot at his team’s city rivals while speaking to Harvard Business School in a case study on Milan. Cardinale has been…
Elon Musk ‘warns’ at Donald Trump’s cabinet meeting: America will go bankrupt, if we don’t … The Times of India Read the original article here
Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings MSN Read the original article here
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‘As bad as it gets’: hospitality sector bears brunt of insolvencies The Australian Read the original article here
** Shares of Coffee Day Enterprises COFFEEDAY rise to an exchange-allowed maximum of 20% to 25.5 rupees after National Company Law Appellate Tribunal sets aside insolvency process initiated against the coffee chain ** Stock exchanges last year suspended trading of co’s shares under additional surveillance measures as part of the Insolvency and Bankruptcy Code **…
AGS Transact defaulted on dues totalling 7.26 billion rupees Crisil downgraded stock on February 4, India Ratings on February 5 Shares slump 62.4% since February 4, hit record low MUMBAI, March 3 (Reuters) – Indian payments services firm AGS Transact Technologies said on Saturday that a creditor plans to initiate insolvency proceedings against the company…
A director at a Bournemouth insolvency firm has shared advice for directors of small companies. Elaine Wilkins, from Antony Batty & Company, said directors often find themselves in a cycle of liquidation and business restart. She said: “‘What am I going to do for work if I have to liquidate my company?’ is a question…
This Tenant stays in Mumbai from Mon-Friday, goes Home on Weekend | The Tenant In this episode of The Tenant, meet a Mumbai professional who spends ₹40,000 per month just to avoid a long daily commute! His 1BHK in Nahur is his “transit home” for weekdays, while he moves to his real home in Badlapur…