January 24, 2021
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Bankruptcy/ Bankrupt
  • Lights illuminate a Forever 21 before the store opens at Walden Galleria in Cheektowaga, N.Y. Forever 21 has filed for Chapter 11 bankruptcy protection. The privately held company ...

    AP/PTI
  • Bankrupt

    Bankrupt

    T. Venkattram Reddy of Deccan Chronicle Holdings Ltd

    Photograph by Getty Images
  • Airport staff members pose for a picture besides flight AB6210, the last flight of insolvent airline Air Berlin prior to departing at the airport in Munich, Germany.

    AP/PTI
  • RBI Governor Urjit Patel during the inauguration of a conference on 'Insolvency and Bankruptcy: Changing Paradigm', in Mumbai.

    PTI Photo by Santosh Hirlekar
  • Union Finance Minister Arun Jaitley speaks during the inauguration of a conference on 'Insolvency and Bankruptcy: Changing Paradigm', in Mumbai.

    PTI Photo by Santosh Hirlekar
  • Japanese air bag maker Takata Corp. CEO Shigehisa Takada speaks during a press conference in Tokyo. Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhel...

    Yu Nakajima/Kyodo News via AP
  • Bankrupt
more>>>
Website
  • RBI Hikes PMC Bank Cash Withdrawal Limit To Rs 50,000
    With the above relaxation, more than 78% of the depositors of the bank will be able to withdraw their entire account balance.
    Nov 05, 2019
    | PTI
  • Fourth PMC Tragedy: 83-Year-Old Heart Patient Depositor Dies
    Murlidhar Dharra, had as much as Rs 80 lakh in deposits with PMC Bank but could not withdraw the money due to the RBI curbs.
    Oct 18, 2019
    | PTI
  • Forever 21 Files For Bankruptcy; Plans To Exit In Asia, Europe
    Forever 21, the teenage clothing emporium that rode America's mall boom and bust, said on Sunday that it filed for Chapter 11 bankruptcy.
    Sep 30, 2019
    | Outlook Web Bureau
  • Jet Airways Board Holds Emergency Meeting On Interim Funding, CEO Goyal's Future Role
    On an immediate basis, lenders are expected to give Rs 750 crore to Jet Airways, which would come by pledging the airline's stake in Jet Privilege with banks.
    Mar 25, 2019
    | Outlook Web Bureau
  • Jet Airways Suspends Services Of 13 International Routes Till End-April
    The company said that it is actively engaged with all its aircraft lessors and is regularly providing them with updates on the efforts taken to improve the liquidity.
    Mar 23, 2019
    | Outlook Web Bureau
  • Supreme Court Upholds Constitutional Validity Of Insolvency And Bankruptcy Code
    The operational creditors wanted to be treated at par with secured creditors like banks and financial institution who have first claim over the money coming through the proceedings under the insolvency law.
    Jan 25, 2019
    | Outlook Web Bureau
  • Utility Company Tied To California Wildfires To File For Bankruptcy
    Pacific Gas and Electric the utility company that has been tied to deadly wildfires in California said it plans to file for bankruptcy at the end of January.
    Jan 15, 2019
    | Outlook Web Bureau
  • The Weinstein Company Fires 20 Employees Ahead Of Bankruptcy Sale
    The company had been losing employees since the Harvey Weinstein sexual harassment scandal broke last October - the number has reduced to less than 70 this week from 140 staffers. The layoffs represent nearly a third of the remaining workforce.
    Jul 12, 2018
    | Outlook Web Bureau
  • Nirav Modi's Firestar Diamond Files For Bankruptcy In US
    Firestar Diamond blamed liquidity and supply chain challenges.
    Feb 27, 2018
    | Outlook Web Bureau
  • Controversial FRDI Bill With 'Bail-In' Clause, Deferred
    The so-called "bail-in" clause in the draft bill has been commented upon by experts as bringing potential harm to deposits, in the form of savings accounts.
    Dec 15, 2017
    | Outlook Web Bureau
more>>>
Magazine
  • 100 Days Of Decisive Action
    History will ­remember Modi as reformer-in-chief
    Sep 11, 2019
    | Karan Bhasin
  • Good Intent Need Not Be So Taxing
    The government is ­absolutely right that we have to deal with defaulters and over-leveraged companies by assessing the probability of recovery, or else file for bankruptcy.
    Aug 21, 2019
    | Kiran Mazumdar-Shaw
  • Death By Debt: Indian Businesses Are Devastated, Tax Terror Adds To Woes
    Debt looms as a terrifying spectre. Zombie companies or corporate underachievers have doubled and even the biggest of business empires like Reliance Industries are worried and hassled
    Aug 21, 2019
    | Alam Srinivas Jyotika Sood Lola Nayar
  • Why Jet Airways Nosedived And What's Next In The Turbulent Sky: A Dozen Issues
    Jet Airways crash-landed after ruling the skies for 26 years. With massive debts and with no investors keen to rescue the beleaguered airline, the life jackets are out
    Apr 25, 2019
    | Jeevan Prakash Sharma Arindam Mukherjee
  • The Emperor’s New Notes
    The government has big achievements, but it’s in denial over demonetisation
    Dec 06, 2018
    | Pronab Sen
  • Default Sinkholes
    The regulatory tool seeking to minimise damage from the menace of mounting NPAs was given new teeth, but it will be a long and hard road to recovery
    Apr 18, 2018
    | Lola Nayar
  • Spousal Strategy Fee
    A ‘commission’ is the crux of the investigation into the ICICI-Videocon affair
    Apr 12, 2018
    | Lola Nayar
  • Rs 90,00,00,00,00,000
    Post-Nirav Modi scam, the RBI’s tightening of the rules forces banks to treat more bad loans as NPAs, showing the extent of a crisis that’s been building for years—and intensifying it
    Mar 29, 2018
    | Lola Nayar
  • You Won’t See What You Don’t Want To
    INX wasn’t a lone wolf op. In the media business, politicians and dubious funds often get into the act, even crossing the lines drawn by the law of the land.
    Mar 09, 2018
    | R. Jagannathan
  • Formula One For Insolvency
    The empire Jaiprakash Gaur built from scratch is now on the verge of being declared bankrupt
    Aug 17, 2017
    | Harvir Singh
more>>>
  • PHOTO
  • NEWS
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  • LATEST
  • Shades Of Jungle Raj In Bihar Again, Nitish Kumar Under Fire
  • Five Reasons Why Farmers Refuse To Budge From 'Repeal' Demand
  • Netaji Birth Anniversary: On PM Dais, 'Insulted' Mamata Refuses To Speak After ‘Jai Shree Ram’ Slogan
  • The Political Ownership Of Three Legends: Netaji, Tagore And Amartya Sen
  • Dhoni Finds New Love, Cricket Superhero Turns Farmer, Grows Organic Vegetables
more>>
  • Ajinkya Rahane Has Emerged From Virat Kohli's Shadow And How. Respect
  • OPINION | Batting Basics Forgotten At Adelaide, Indian Cricket Team Faces Test Of Character Down Under
  • AUS Vs IND: The Adelaide Collapse, A Woman Pakistani Journalist And Hyper-nationalism
  • Of Concussion Subs, Fairy Tale Comebacks And Dropped Babies
  • Differentiating Fantasy Sports From Betting And Gambling - The NITI Aayog Way
  • India Vs Australia: Win Restores Series Balance, But Virat Kohli & Co Need Change In Mindset
more>>
  • Will Restore J-K Statehood Only When Situation Improves: BJP
  • Back To Blockbusters: Bollywood Films To Lookout For in 2021
  • Government Has No Power To Suspend New Farm Laws: Constitutional Expert
  • Shah Faesal Breaks Silence: Goes All Praises For India's Vaccination Drive
  • Colaba Diary: This South Mumbai Area Wins Pandemic With Food, Friendship
  • Ladakh’s Republic Day Tableau Ignores Kargil: LAHDC Kargil Chairman
  • Gabriel Own Goal Sees Holders Arsenal Ousted
  • Tokyo Olympics: Neeraj Chopra Says Games Uncertainty Creates Anxiety
more>>
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  • Opinion | Online Gaming Companies Are Suffering Due To Lack Of Clarity On Legality Of Business Models
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  • Opinion | Online Gaming Industry Can Boost Make In India Initiative
  • From Pac-Man To PUBG Mobile, Why Esports Threatens To Overtake Cricket In India
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