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Category : Search result: restaurant chain bankruptcy
Jalandhar Restaurant Robbed: Lakhs Worth Goods Stolen
Thieves targeted a restaurant in Jalandhar's Rama Mandi, stealing goods worth lakhs. Police investigation underway. Read details of the shocking robbery.
Anupam Kher: From Rs 400 to Rs 3 Crore Per Film
Anupam Kher reveals how he faced near bankruptcy with only Rs 400 in bank, mortgaged properties, and made remarkable comeback charging Rs 3 crore per film. Read his inspiring story.
Jaiprakash Gaur's Legacy Ends in Bankruptcy
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
Delhi Police Nabs Serial Chain Snatcher After 7 Months
Delhi Police arrests Tarun, a habitual offender with 68 cases, for snatching gold chain from NRI woman in Karol Bagh. The accused had been absconding for over seven months.
Le'Veon Bell's Diamond Chain Chronicles NFL Career
Former NFL star Le'Veon Bell immortalizes his football journey with custom 50-carat diamond chain featuring Michigan State, Steelers logos and boxing career. Discover his unique tribute!
Mocha Restaurant fined Rs 25k for insects in food
A family's dinner at Mocha Restaurant in Ahmedabad turned sour when insects crawled out of a bread basket. The AMC health department fined the eatery Rs 25,000. Read the full story.
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IBC Reforms: Biggest Changes in 9 Years Coming
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Pune's iconic restaurant name origins uncovered
Discover the fascinating stories behind Pune's most beloved restaurant names like Vaishali, Zamu's and Prem's that shaped the city's food culture for generations.
Kolkata woman loses Rs 1 lakh gold chain in snatching
A 33-year-old woman in Kolkata's Santoshpur lost her gold chain worth over Rs 1 lakh. This marks the sixth snatching incident this month as police investigate a potential gang.
Delhi Restaurant Owner Accuses Zomato of Bias
A Delhi restaurant owner claims Zomato repeatedly marks his outlet as 'unavailable', alleging pressure to increase commissions. Zomato CEO responds to the accusations.
10 Bills for Parliament Winter Session 2025
Indian government lists 10 crucial bills for Winter Session including Atomic Energy Bill 2025 and Higher Education Commission Bill. Key reforms in nuclear sector, education, and economy await parliamentary approval.
Kerala's 'Non-Vegetarian' Restaurant Sign Goes Viral
A Kerala restaurant's 'Non-Vegetarian' signboard clarifies cooking practices, sparking a nationwide debate on food transparency and regional dining habits. Discover the full story.
PrimaLend Bankruptcy: Payments to CEO's Firm Halted
US court temporarily stops $350,000 monthly payments from bankrupt PrimaLend to CEO Mark Jensen's firm. Judge to decide legitimacy amid creditor concerns over $286M debt.
IBBI's New Valuation Format Aims to Cut Litigation
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Adani Wins Bid for Bankrupt Jaiprakash Associates
Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.
TVS Supply Chain Targets 4% Margin After Global Reset
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Adani wins $1.53bn Jaiprakash takeover bid
Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.
Lugano Holdings Files Bankruptcy Amid $500M Liabilities
Lugano Holdings Inc., operator of luxury jewelry boutiques, files for Chapter 11 bankruptcy with over $500 million liabilities after former CEO fraud scandal. Stores remain open during sale process.
SC to Rule on Spectrum Sale in Telco Insolvency Cases
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
US Ice Cream Brands Shut Shops Amid Bankruptcy, Issues
Major US ice cream chains like Dairy Queen and Freddy's face store closures due to Chapter 11 bankruptcy filings and franchisee troubles. Get the full story here.
SC to Rule on Telecom Spectrum Ownership in Bankruptcy
Supreme Court's upcoming decision will determine if telecom spectrum can be liquidated under IBC for lenders to recover dues from bankrupt telcos like Aircel and RCom. Read full analysis.
Airlines Face $11B Hit from Supply Chain Woes: IATA
Global airlines face $11 billion losses in 2025 due to aircraft supply chain disruptions. IATA chief Willie Walsh demands better balance with manufacturers as delivery delays continue.
Purdue Pharma Wins Bankruptcy Approval in Opioid Case
Purdue Pharma receives court approval for $7.4 billion opioid settlement after Supreme Court intervention. Sackler family to pay $6.5 billion over 15 years in landmark case.
Purdue Pharma $7B Opioid Settlement Gets Court Nod
Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.
China's Household Debt Crisis Impacts 83 Million People
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
GM Orders Suppliers to Exit China Supply Chains by 2027
General Motors pushes suppliers to move supply chains out of China by 2027 amid geopolitical tensions. Learn how this impacts global automotive manufacturing and supply chain resilience.
Sonder Bankruptcy: Guests Evicted After Marriott Split
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
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