POLO Motorrad Österreich GmbH files for bankruptcy with debts of €1.7 million

The motorcycle clothing and accessories retailer POLO Motorrad Österreich GmbH is insolvent and is undergoing bankruptcy proceedings. The chain of stores sees no chance of continuing operations or restructuring. Liabilities of around €1.7 million Four branches affected in Vienna, Salzburg, and Traun 24 employees and 27 creditors affected The insolvency of POLO Motorrad Österreich GmbH…

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ED Raids Richa Industries Promoters in ₹236-Crore Bank Fraud; Assets, Luxury Cars and Digital Evidence Seized

Gurugram | The Directorate of Enforcement (ED), Gurugram Zonal Office, has conducted extensive search operations on December 3 and 4, 2025, across Gurugram and Faridabad, targeting Richa Industries Limited (RIL), its promoters Sandeep Gupta, Manish Gupta, Sushil Gupta, and their associated group entities. The raids, conducted under the Prevention of Money Laundering Act (PMLA), 2002,…

French insect protein firm Ynsect goes under

French Ecology Minister Barbara Pompili visits the construction site of the ‘YNSECT’ factory, in January 2022. Photo: ANP (EPA/Christophe Petit-Tesson) French mealworm protein pioneer Ynsect has declared bankruptcy after years of financial struggle. The company, once hailed for its sustainability promise, fell short of funding needs. Ynsect now calls for the acquisition of assets to…

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