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HARRISBURG — An effort to spend a fraction of Pennsylvania’s annual budget to pay off medical debt for thousands of residents ended Wednesday in the state House.
Democrats and Republicans on the House Health Committee voted in unison to eliminate the Medical Debt Relief Program initiative from a proposed bill that, when first introduced in the prior legislative session, built upon estimates that a $4 million spend could eliminate up to $400 million in medical debt for eligible recipients.
Eternal, the company that owns the food‑delivery giant Zomato, has begun liquidating Zomato Netherlands B.V., a step‑down subsidiary with no active business and a net worth of about Rs 32 lakh.
In a filing with the stock exchanges, the company said the unit “is not a material subsidiary,” so closing it will not affect revenue. The process, launched less than a month after the firm rebranded itself from Zomato Ltd. to Eternal Ltd., is expected to be completed within a year.
First move under the Eternal name
The liquidation is Eternal’s first corporate disclosure since the name change took effect on the…
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MC Hammer’s Rise and Fall: From $70 Million to Bankruptcy
In the early 90s, MC Hammer was on top of the world. With chart-topping hits like “U Can’t Touch This” and “2 Legit 2 Quit”, Hammer amassed an estimated $70 million fortune at the height of his fame. But as quickly as the money poured in, it vanished. By 1996, the rapper, whose real name is Stanley Kirk Burrell, was forced to file for bankruptcy after racking up $13 million in debt.
So how did MC Hammer go from millionaire status to losing everything? The answer lies in a dangerous mix of extravagant spending, bad financial decisions, and mismanagement of his empire.
MC Hammer’s Meteoric Rise to Fame
MC Hammer burst onto the music scene in the late 80s and early…
Indian businessman Vijay Mallya. File.
| Photo Credit: Reuters
A consortium of Indian banks, led by State Bank of India, on Wednesday (April 9, 2025) won their court appeal in London to uphold a bankruptcy order against Vijay Mallya in a long-standing legal battle seeking repayment of a judgment debt owed by his now-defunct Kingfisher Airlines.
High Court judge Anthony Mann ruled in favour of the banks to allow an appeal heard in February, while refusing two applications seeking permission to appeal filed by the 69-year-old businessman, declared a fugitive and wanted for fraud and money laundering charges in India.
But he will still appear on the WA Senate ballot paper, as electoral laws do not allow the commission to reject a fully completed nomination “regardless of whether any answer to a question of the qualification checklist is incorrect, false or inadequate”.
ORLANDO, Fla. – Millennials now make up the largest generation of clients across the country seeking help from debt counseling agencies like Money Management International (MMI).
MMI’s data reveals a clear pattern of surging demand and debt loads among Millennial clients in California, Florida, Texas, Georgia, New Jersey, Washington, Arizona, Massachusetts, and Michigan—states that already grapple with escalating housing costs and consumer debt.
There was a 41% uptick in the number of Millennials seeking debt relief in Florida last year. The average Millenial’s unsecured debt balance among MMI clients climbed to a record $30,000 in 2024.
One of those clients is Michael, a Deltona father and an account executive with salesforce…
But he will still appear on the WA Senate ballot paper, as electoral laws do not allow the commission to reject a fully completed nomination “regardless of whether any answer to a question of the qualification checklist is incorrect, false or inadequate”.
The National Company Law Tribunal approved the INR18 billion (USD209.3 million) resolution plan in Mumbai on 1 April 2025.
SAM advised the committee of creditors of Vadraj Cements, led by Punjab National Bank, on the company’s corporate insolvency resolution process.
Partner Soummo Biswas led the SAM team with the assistance of principal associate Yugal Jain, senior associates Apeksha and Aditi Tomar as well as associates Ritika Sharma and Amandeep Saini. Partner Misha, with help from principal associate Abhilash Chaudhary, led the litigation team.