20 Rock Stars Who Went Broke

Despite hit songs, sold-out tours and millions of sold albums, many famous rock stars have found themselves facing bankruptcy. When fans envision a rock star lifestyle, it usually involves sprawling mansions, fast cars and endless nights of partying. What often gets overlooked is the cost of such extravagances. Lavish lifestyles don’t come cheap, the IRS…

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NCLAT stays insolvency order against Reliance Infrastructure

Reliance Infrastructure Ltd. (RInfra) on Friday said the National Company Law Appellate Tribunal (NCLAT), New Delhi stayed insolvency order against the company. On June 4, NCLAT had suspended the National Company Law Tribunal (NCLT), Mumbai’s insolvency order against RInfra after the company settled its dues to its creditors. On May 30, NCLT, Mumbai bench had…