Category : Search result: Lugano Holdings bankruptcy


SoftBank Stock Crashes 14%, Loses $50B in 2 Days

SoftBank shares plummet over 14% as market cap evaporates by nearly $50 billion in two trading sessions. The dramatic fall follows disappointing earnings and growing investor concerns about the tech giant's portfolio companies.

RBI Gold: Economic Shield or False Security?

Explore the controversial role of India's massive gold reserves as the RBI's safety net. Is the glittering metal truly protecting the economy or creating dangerous illusions?

Jack's Donuts Files for Chapter 11 Bankruptcy

Popular American donut chain Jack's Donuts has filed for Chapter 11 bankruptcy protection. Learn about the financial challenges, store closures, and future plans for this Indiana-based franchise.

Perplexity AI Reveals Indian Politicians' Stock Holdings

Perplexity AI's revolutionary new feature exposes stock market investments of Indian politicians, bringing unprecedented transparency to political finances. Discover how this AI-powered tool works and its potential impact on Indian democracy.

Next CJI's Assets: ₹8Cr FDs, 11kg Gold Revealed

Exclusive look at the substantial assets of Justice Surya Kant, India's next Chief Justice, and his wife - featuring massive fixed deposits, gold holdings, and diverse investments that showcase their financial portfolio.

Kirin, Anicut Capital Acquire Bira 91's Beer Cafe Chain

In a major strategic shift, Japan's Kirin Holdings partners with Anicut Capital to acquire Beer Cafe chain from Bira 91. This acquisition marks a significant consolidation in India's competitive craft beer market while addressing sales performance challen

Uncle Nearest Whiskey Faces Bankruptcy Crisis

Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.

India's Forex Reserves Cross $700 Billion Mark

India's foreign exchange reserves cross the monumental $700 billion threshold, driven by surging gold valuations while foreign currency assets see marginal decline in latest RBI data.

PrimaLend Bankruptcy: Subprime Lending Crisis in India

PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.

Puerto Rico Utility Bankruptcy Restarts as Board Returns

The Puerto Rico Electric Power Authority's bankruptcy case has been officially reopened after board members returned to their posts, marking a significant development in the territory's ongoing debt restructuring efforts.

India's Gold Reserves Cross 880 Metric Tonnes

India's central bank continues to bolster its gold reserves, crossing 880 metric tonnes by September 2024 amid global economic uncertainties and as part of strategic diversification.

Vegas VR Arcade Bankrupt After One Year

A massive virtual reality entertainment venue on the Las Vegas Strip has filed for Chapter 7 bankruptcy after operating for only one year, raising questions about the viability of high-tech attractions in prime tourist locations.

Supreme Court Ends Gstaad Hotels Insolvency Battle

In a landmark ruling, India's Supreme Court dismisses Gstaad Hotels' appeal, upholding NCLT's insolvency order. Founder Deepak Raheja's seven-year legal battle concludes as financial troubles force luxury hotel chain into corporate insolvency.

India's Gold Reserves Cross $100 Billion First Time

India's gold reserves have crossed the historic $100 billion mark as prices surge, with gold's share in forex reserves hitting highest level since 1996-97. Discover what this means for the economy.

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