First Brands Sues Ex-Exec & Creditor for $2.9B Fraud
Bankrupt First Brands Group sues ex-executive Edward James and creditor Onset Financial, alleging a $2.9 billion fraud scheme. Read the full details of the lawsuit.
Category : Search result: bankruptcy India
BMW India's Record 2025 Sales: 18,001 Cars, EVs Up 200%
BMW Group India achieves its highest-ever annual car sales in 2025, selling 18,001 units. Electric vehicle sales skyrocket by 200%, contributing 21% to total sales. Read the full analysis.
India's Exports to China Jump 33% Amid US Tariff Woes
India's exports to China surged 33% to $12.22 billion from April-November 2024-25, driven by electronics, agriculture, and metals. This marks a structural shift as trade with the US faces high tariffs. Read more.
Saks Global in Crisis After Costly Neiman Marcus Merger
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
Budget 2026: Govt to reform SARFAESI, DRT rules for swift debt recovery
The government may announce reforms to SARFAESI Act and DRT procedures in Budget 2026-27 to clear backlog of 178,000 cases and speed up debt recoveries. Key changes aim to reduce litigation.
Antonio Brown's Net Worth: From NFL Riches to Bankruptcy
Former NFL superstar Antonio Brown's net worth is now estimated at -$3 million. Explore his dramatic financial fall from $80M career earnings to Chapter 7 bankruptcy.
Saks Bankruptcy Fears Prompt Rush to Use Gift Cards & Credits
Amex Platinum cardholders are rushing to use Saks credits as bankruptcy looms. Learn what experts say about gift card safety and how past retail cases unfolded.
2026 Budget Session to Decide Fate of Major Reforms
As Parliament gears up for the 2026 Budget Session, high-stakes bills on simultaneous elections, higher education, and financial markets await final clearance. Get the full analysis of India's legislative roadmap.
Ashoka: Siddaramaiah's top feat is bankrupting Karnataka
BJP's Ashoka criticizes CM Siddaramaiah on equalling Devaraj Urs's record, alleging financial mismanagement has pushed Karnataka towards bankruptcy. Read the full political clash.
Japanese firms expand India tech centres to tap talent
Japanese giants like MUFG, Nidec, and Polyplastics are setting up tech centres in India. Driven by an ageing population and China risk, they aim to tap India's deep talent pool for AI, cybersecurity, and engineering. Read more.
NZ PM Calls India FTA a Landmark Deal for Jobs & Growth
New Zealand PM Christopher Luxon hails the historic Free Trade Agreement with India as a major boost for jobs, exports, and economic growth. Key details inside.
Jefferies Seeks Ex-CEO Testimony in First Brands Case
Jefferies presses to question First Brands founder under oath amid a $715M invoice scandal. The legal battle intensifies as the former CEO cites the Fifth Amendment. Read the full details.
Atul Vivek Named CEO of Nxtcell India, Alcatel Brand
Nxtcell India appoints Atul Vivek as CEO effective Jan 1, 2026. With 20 years of leadership experience from Realme, Samsung, and others, he will drive Alcatel's smartphone and AIoT expansion. Read more.
Shark Tank India Season 5: New Sharks, Release Time
Shark Tank India Season 5 premieres Jan 5, 2026, with new sharks joining the panel. Get all details on judges, timing, and where to watch the business reality show.
Saks in Talks for $1B Loan Ahead of Chapter 11 Filing
Saks Global Enterprises is negotiating a $1 billion loan for a potential Chapter 11 bankruptcy filing. The luxury retailer missed a $100M interest payment and faces sales decline. Read the full story.
Elon Musk's 2008 Fury: Tesla on Brink, Demanded Names
In 2008, Tesla neared bankruptcy as Elon Musk, amidst his divorce, raged at executives over faulty Roadster parts. Discover the untold story of Tesla's darkest hour. Read the full report.
India's 2026 Hiring Boom: 12 Million Jobs Expected
Indian companies plan a major hiring surge in 2026, creating 10-12 million jobs. Driven by tech and diversity goals, firms like EY, Tata Motors, and Diageo are expanding teams. Read the full outlook.
India's 2025 Auto Boom: JSW MG, M&M, Kia, Skoda Lead Growth
India's auto sector ended 2025 with robust growth. JSW MG, Mahindra, Kia & Skoda reported record sales, driven by EVs and strong demand. Get all the key figures and insights here.
87% Success Rate for Student Loan Bankruptcy Discharge
A new study shows an 87% success rate for discharging student loans via bankruptcy, debunking a persistent myth. Learn how policy changes have made this path more accessible for millions of borrowers.
FY27 Budget: Deregulation, Decriminalisation Reforms Lined Up
The upcoming FY27 Union Budget will push for deregulation & decriminalisation of laws to fuel India's medium-term growth. Key amendments to Companies Act & IBC expected. Read more.
US Vlogger's Emotional Farewell to India Goes Viral
A US-based vlogger's heartfelt goodbye video from India, filmed on a two-wheeler, goes viral. He shares how the country's warmth and daily life changed his perspective. Read his emotional journey.
Elon Musk's 2008 Tesla Crisis: 'Get Happy or Get Divorced'
Old footage reveals Elon Musk's tense 2008 ultimatum to Tesla team as both Tesla and SpaceX neared bankruptcy. Discover the inside story of the 'skin of their teeth' era. Read more.
India's 2026 Foreign Policy: Key Challenges & Opportunities
As India enters 2026, it faces critical tests in trade talks with the US, volatile neighbours, and balancing great-power ties. This analysis explores Delhi's strategic choices in a fractured world.
India's 2026 Diplomacy: Balancing Autonomy & Ambition
After a turbulent 2025 marked by conflict and trade wars, India enters 2026 with crucial choices on Pakistan, US ties under Trump, and key summits. Explore the high-stakes diplomatic roadmap ahead.
2025's Top Smartphone Launches in India: Full List
A comprehensive look at the biggest smartphone launches in India for 2025, featuring Samsung, Apple, Google, OnePlus, Xiaomi, and more. Discover the flagships and budget kings that defined the year.
NCLAT Sets Aside NCLT Order in Culver Max Insolvency Case
NCLAT overturns NCLT's dismissal of Culver Max's insolvency plea against Rechargekit Fintech, citing denial of opportunity to rectify defects. The case is remanded back to NCLT for fresh hearing.
Embrace Bankruptcy for Stronger Economy: EAC-PM Member
EAC-PM's Sanjeev Sanyal argues that allowing companies to fail is vital for India's economic dynamism. Learn why a 'continuous churn' is necessary for long-term strength.
India's 2025: Trade Deals, West Asia Outreach & Neighbourhood Strains
A look back at India's 2025: navigating US tariffs, sealing key trade pacts, expanding in West Asia, and facing military confrontation with Pakistan. Explore the year's diplomatic highs and lows.
Why iRobot Failed: Ex-CEO Blames Chinese Rivals, Amazon
iRobot's co-founder Colin Angle explains how Chinese competitors and a blocked Amazon deal led to Roomba maker's bankruptcy. Read the full analysis of the robot vacuum market shift.
Saks Considers Bankruptcy Ahead of $100M Payment
Saks Global Enterprises faces a critical $100+ million debt payment on Dec 30, exploring Chapter 11 bankruptcy and emergency funding. Read the full analysis of the luxury retailer's financial crisis.
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