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31 Kingfisher flights cancelled 08 August 2012
On Wednesday, the completely bankrupt airlines Kingfisher had to cancel over 30 flights from Delhi and Mumbai due to a strike by the employees who were not paid their salaries for the past five months at least. 22 flights in...
Keywords: Delhi, strike, Mumbai, strike
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Kodak files bankruptcy 20 January 2012
The original imaging giant has filed for bankruptcy. Critics call it due to digital photography segment, markets are plummeting and share value dropping- seems `SOS’ at the pioneer’s office. Eastman Kodak a renowned name in the photography segment, pioneers since...
Keywords: Digital takes over Kodak, Technology driven failure, Shares dip, Technology driven failure
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GM re-emerges as world's No 1 automaker 21 January 2012
GM was the world's largest automaker for 77 consecutive years from 1931 through 2007 before Toyota surpassed it in 2008. The automaker was bleeding about $100 billion in the years before its 2009 bankruptcy, which saw it being delisted from...
Keywords: world's largest automaker, world's largest automaker, Toyota, humiliating bankruptcy
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Modi Govt Notifies Ordinance To Amend New Banking Regulation Act 05 May 2017
The Narendra Modi-led government, notified the ordinance to amend the new Banking Regulation Act, empowering the RBI and banks to start off bankruptcy proceedings against persistent defaulters. The Central Bank, as per the government’s notification, may order consent to the...
Keywords: Insolvency, Banking regulation act, Insolvency, NPAS
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Reader's Digest in bankruptcy 19 February 2013
Reader's Digest Magazine is an issue that probably everyone knows and loves to read, given the great measure of content in the magazine. This 91 year old magazine is now facing a financial crunch with a heavy debt on its...
Keywords: Ripplewood Holdings, readers digest pdf, RDA Holding, electronic media
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Go First To Resume Its Operations 11 May 2023
Go First To Resume Its Operations:- Low-budget Airways Go First planning to resume its operations on May 24th with 23 aircrafts. Go First have access to 51 departure slots in Delhi and 37 at Mumbai’s main airport and now the...
Keywords: Go First insolvency, Go First latest breaking, Go First latest, Go First latest
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Go First Files A Insolvency: TATA and Indigo In Race 10 May 2023
Go First Files A Insolvency: TATA and Indigo In Race:- Go First was established by Nusli Wadia in 2005. After Pratt & Whitney engines were installed on A320 aircraft, there was a faster rate of premature failures, which resulted in...
Keywords: Go First flights, Go First bankrupt, Go First, Go First bankrupt
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IPL: Deccan Chargers remain terminated 18 October 2012
The one time IPL champion, Deccan Chargers would remain terminated after the status quo order passed by an arbitrator was rebutted by the Judge. The order passed was not higher than the decision of the Bombay High court since it...
Keywords: bankrupt, arbitrator, status quo order, BCCI
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India operations not affected: Kodak 20 January 2012
"We do not expect the business in India to be impacted in any significant way during this process," Kodak India Vice President P N Raghuvir said. Digital imaging firm Kodak India today said the bankruptcy filing by its parent in...
Keywords: consumer digital imaging, US Chapter, Kodak India, Kodak India
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