Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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The Reserve Bank on Thursday (January 30, 2025) said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Private Limited.
On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting various payment obligations.
The Reserve Bank has appointed Ram Kumar, ex-CGM of Punjab National Bank, as the Administrator of the New Delhi based company.
In a statement on Thursday, the central bank said an…
Healthcare and social service workers are being encouraged to ask individuals seeking mental health support about problems with gambling, similar to how they inquire about drug use, smoking and alcohol.
This new guidance from the National Institute for Health and Care Excellence (NICE) aims to help identify gambling issues early and provide support sooner.
NICE suggests that GP appointments or health checks are ideal moments to ask these questions, particularly for those who have recently left home or people with mental health issues such as depression, anxiety, post traumatic stress disorder, which the NICE document has highlighted as risk factors.
Gambling can have detrimental impacts on families and relationships, and if you’re…
Bruno Mars has just released a new song, ‘Fat, Juicy & Wet’ (I wonder what that’s supposed to be about) and is celebrating hitting a major milestone in music.
The singer has become the first musician to rack up 150 million monthly streams on Spotify, and given how much the streaming platform pays artists that’s probably worth several hundred thousand dollars to Mars.
Sharing the happy news of his success to his Instagram Stories, Bruno Mars also took the time to poke fun at the rumours that he was in serious levels of debt.
In case you didn’t know, last year there were claims from NewsNation that the singer had accumulated a hefty gambling debt of…
Bruno Mars is a real high roller, especially if his record-breaking number of Spotify listeners is any indication.
Earlier this week, it was revealed that the “Just The Way You Are” singer surpassed 150 million monthly listeners on the streaming service. (Notably, the number has since dropped back down to 149 million, but these types of small fluctuations are common when news like this breaks).
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For comparison: Taylor Swift has 86 million monthly listeners on Spotify, and Beyoncé has 56 million.
Mars took to his Instagram Story thread to celebrate the big milestone, while also taking an opportunity to reference his alleged gambling debt. “I’ll be out of debt in no time,” he…
In a dramatic shake-up for the NASCAR sponsorship scene, National Debt Relief has emerged as a lifeline for Denny Hamlin’s No. 11 Toyota, stepping up as a primary sponsor for four pivotal races in the 2025 Cup Series season.
The sponsorship kicks off with a bang at none other than the Daytona 500 (Feb. 16)—NASCAR’s most prestigious race—before rolling into Circuit of the Americas (March 2), the Coca-Cola 600 at Charlotte Motor Speedway (May 25), and the high-stakes Talladega Superspeedway (Oct. 19). But their involvement doesn’t stop there—National Debt Relief will also be a season-long associate sponsor, starting with this weekend’s Cook Out Clash at Bowman Gray Stadium.
Joe Gibbs Racing announced today that National Debt Relief will be the primary sponsor of Denny Hamlin’s No. 11 Toyota Camry XSE for four NASCAR Cup Series races this season, including the 67th running of the DAYTONA 500 on Sunday, February 16, 2025.
National Debt Relief is the industry leader in debt settlement and known for its unique approach to debt relief. Since its inception in 2009, National Debt Relief has helped more than 550,000 people reclaim their independence and get their life back on track by empowering them to resolve their debt and confidently manage their finances.
While this marks National Debt Relief’s first foray into team sponsorship, the company is no stranger to NASCAR. Last July, National Debt Relief was an…
Christmas came early for almost 800 talented Wits students who had their student debt cleared this week, amounting to R63 million collectively.
These are academically excellent students (undergraduate and postgraduate) who have passed with an average of 65% or higher, many of whom fall into the missing middle category, and who do not have the means to pay their fees in full. Of the 800 students, 336 will be able to graduate now that their fees have been paid, whilst the remaining students will be able to register for the 2025 academic year.
A fourth year Wits medical student, who wishes to remain anonymous says: “I have been able to register successfully this year, thanks…
Managing (bad) debt can be a challenge, especially after the festive season.
But it is achievable with careful planning.
Our office sees clients accumulating higher-cost debt – credit and store cards and personal loans – across the summer with holidays and Christmas spending.
Then, the cash flow crunch comes in the new year as higher repayments kick in.
If you’re an existing homeowner, you’re likely able to consider accessing any equity you’ve built up in your property or properties.
Refinancing your higher-cost debt under your mortgage is a sensible way to manage the cash flow stress and interest rate minimisation.
For non-home owners, consolidating high-interest debts – credit and store cards – into a longer-term…
Bruno Mars has joked about the rumour that he is $50million in debt following his collaboration Sexyy Red climbing the charts.
The quip comes as the singer shared his new song, ‘Fat Juicy & Wet’, with the rapper last week, and dropped a music video which featured Lady Gaga and BLACKPINK‘s Rosé.
Now, following the track climbing up the charts and racking up huge numbers on streaming platforms, Mars has hit another big milestone – becoming the first artist to reach 150 million monthly listeners on Spotify.
Celebrating the news, he took to Instagram Stories to make a lighthearted reference to past rumours…
