Telangana has gone bankrupt, says CM Revanth; blames it on BRS

A miffed Revanth Reddy was responding to remarks from government employees’ union threatening to ‘wage war’ against his government. He alleged the BRS government left unpaid dues of ₹50,000 crore, including to Singareni Collieries and contractors, and took loans at steep 11% interest, questioning KCR’s financial decisions and priorities. Published May 05, 2025 | 10:41…

Dnipro Mineral Fertilizer Plant Declared Bankrupt – AgroNews

The Economic Court of Dnipropetrovsk Oblast has declared bankruptcy and initiated the liquidation procedure of PJSC “Dnipro Mineral Fertilizer Plant” in the city of Kamianske. This information is reflected in the court register, according to LIGA.net. Читай нас також у Viber та Telegram. The enterprise has been in a pre-bankruptcy state for a long time,…

German insolvencies rise amid runaway costs and inflation – DW – 05/06/2025

Leipzig-based Heiterblick, a tram manufacturing company, has filed for insolvency despite having full order books. The company, which employs 250 people, is struggling with increased raw material costs, making it unprofitable to fulfill long-term contracts at previously agreed prices. This issue is not unique to Heiterblick; many companies with viable business models are facing similar…

Germany sees uptick in insolvencies – DW – 05/06/2025

Leipzig-based Heiterblick, a tram manufacturing company, has filed for insolvency despite having full order books. The company, which employs 250 people, is struggling with increased raw material costs, making it unprofitable to fulfill long-term contracts at previously agreed prices. This issue is not unique to Heiterblick; many companies with viable business models are facing similar…

Rite Aid declares bankruptcy, again

SHENANDOAH – A pharmacy chain with multiple locations in the Sentinel-area, and the only chain in the core of our region, is bankrupt. Again. Rite Aid Corporation declared a second Chapter 11 bankruptcy proceeding Monday. The ailing pharmacy chain had declared bankruptcy in 2023 and emerged from bankruptcy in September. “For more than 60 years,…