IBC Amendments 2025: Lok Sabha Panel Chief Hails Reforms
Lok Sabha panel chief Baijayant Panda calls IBC amendments a 'game-changer' to halve resolution time and boost recoveries. Bill excludes project-specific insolvency for real estate.
Category : Search result: restaurant chain bankruptcy
TGI Fridays Launches New Restaurant in Gurugram's Ambience Mall
American casual dining chain TGI Fridays ignites Gurugram with a vibrant new opening at Ambience Mall. This marks a key step in their aggressive expansion plan across India. Discover the menu highlights and growth strategy!
Fire at Pune's Silver Oak Society Restaurant, No Casualties
A fire broke out behind a restaurant in Pune's Kalyaninagar, spreading to its external chimney. Officials confirm no injuries. Read the full investigation details.
FAT Brands Shareholder Sues Over Hidden Debt, Bankruptcy Risk
A FAT Brands shareholder sues, alleging the firm hid over $1.4B debt & used high-interest loans. Stock hits a 5-year low. Read about the bankruptcy risk & legal battle.
Ex-BluSmart CEO leads Refex bid for bankrupt EV ride-hailer
Former BluSmart CEO Anirudh Arun now heads Refex Mobility, which is bidding for the bankrupt EV cab operator's 5,000+ charging stations and tech stack. The move could reshape India's green mobility sector.
I-T Raids Mumbai F&B Firms, Shilpa Shetty Restaurant Searched
Income Tax Department raids over 20 Mumbai food & beverage firms for tax evasion. Searches include a restaurant co-owned by Shilpa Shetty. Details on the ongoing investigation here.
Bastian Ammakai replaces Bastian Bandra in Mumbai
Shilpa Shetty and Ranjit Bindra launch Bastian Ammakai in Bandra, serving soulful Mangalorean cuisine. Explore the new design, menu highlights, and prices. Opens December 19.
Bastian Ammakai replaces Bastian Bandra with Mangalorean soul food
Shilpa Shetty & Ranjit Bindra's Bastian Ammakai opens in Bandra, spotlighting authentic Mangalorean cuisine. Explore the transformed space, menu highlights, and prices. Opens December 19.
US: India Not Excluded from Pax Silica Tech Initiative
The US dismisses speculation linking India's absence from the Pax Silica initiative to political tensions, affirming New Delhi as a key strategic partner in supply chain security. Read details.
Panel wants 3-month deadline for NCLAT appeals under IBC
A parliamentary committee recommends a strict 3-month deadline for NCLAT to dispose of IBC appeals, addressing massive delays. The move aims to streamline India's corporate insolvency process. Read the full report.
Paul Heyman's 2025 Net Worth & Marla's Private Finances
Paul Heyman's net worth is estimated at $10 million in 2025 from his WWE role. Details on his $2M salary, ECW past, and why wife Marla Heyman's finances remain private. Read the full financial breakdown.
Mangaluru Police Arrest Interstate Vehicle Theft, Chain-Snatching Accused
Mangaluru East police arrested two interstate offenders involved in vehicle theft and chain-snatching. Gold jewellery and a motorcycle worth ₹1.7 lakh were recovered. Read the full story.
Lok Sabha Panel Sets 3-Month Deadline for NCLAT Appeals
A Lok Sabha panel mandates NCLAT to resolve bankruptcy appeals within 3 months to speed up corporate rescue. It also bars resolution pros from becoming liquidators to curb perverse incentives. #IBC #BankruptcyReform
Founder Denies Fraud, Blames Lenders for Company Collapse
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
Ahmedabad restaurant robbed of Rs 2.2 lakh at knifepoint
An armed intruder threatened a cleaner with a knife and stole Rs 2.2 lakh from a South Indian restaurant in Ahmedabad's Bodakdev. Police are investigating the early Monday robbery.
Azul Airlines Exits Bankruptcy, Plans Profit with US Backing
Brazil's Azul SA, now backed by United and American Airlines, exits Chapter 11 bankruptcy. It plans a domestic focus, profit by 2026, and will handle World Cup travel demand. Read the full story.
IBC Amendment Bill Report to be Tabled in Lok Sabha
A Lok Sabha committee will table its report on the IBC Amendment Bill 2025 on Wednesday, bringing a major insolvency law overhaul closer. The reforms aim to cut delays and boost investor appeal.
iRobot Files for Bankruptcy, Roomba Maker's Shocking Collapse
iRobot, maker of Roomba, files for bankruptcy. The smart home icon crumbles under competition. Read the full story of this shocking tech collapse.
Roomba Maker iRobot Files for Bankruptcy
iRobot, creator of Roomba, files for Chapter 11 bankruptcy and is acquired by Chinese supplier Picea Robotics, raising data privacy concerns. Read the full story.
Woman's gold chain snatched in Phagwara market
A woman was robbed of her gold chain by two men on a scooter in Phagwara's busy market. Police have registered a case and are investigating the snatching incident.
Woman cop's gold chain snatched in Zirakpur
A Chandigarh Police constable was robbed of her 2.5-tola gold chain in Zirakpur. This is the third such snatching in the area recently. Police are investigating under BNS Section 304.
When Amitabh Bachchan Called Director Asking for Work
Director Suneel Darshan reveals how Amitabh Bachchan personally called him for a role during his 90s financial crisis and worked punishing double shifts for the film Ek Rishta. Read the inspiring story.
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Shilo Sanders Faces $250K NIL Transfer Allegations in Bankruptcy
NFL free agent Shilo Sanders, son of Deion Sanders, faces allegations of unauthorized $250,000 transfers from NIL deals amid Chapter 7 bankruptcy. His attorney disputes the claims, setting a potential precedent for athlete finances.
Bronx Affordable Housing Project Files Chapter 11 Bankruptcy
Dynamic Star LLC, owner of Bronx's Fordham Landing, files Chapter 11 to halt foreclosure. $55M state funding for 900 affordable units now under review. Read the latest on this major NYC housing development.
Bengaluru's Samrat Hotel Restaurant Dining Returns
Bengaluru's iconic Samrat Hotel has reopened its legendary restaurant dining hall after four years of operating as a food court. Discover the revival story.
₹60k Gold Chain Snatched from Woman in Pune
A woman in Pune's Kothrud was robbed of her 60k gold chain by bike-borne snatchers. Police have registered a case and are investigating the incident. Read for details and safety tips.
iRobot's $191M Debt Sold to Supplier Amid Bankruptcy Risk
Carlyle Group sells troubled iRobot loan to Chinese supplier Santrum. The Roomba maker warns of potential bankruptcy without new capital. Read the full analysis.
Ex-Corporator Warns of Bankruptcy for Bengaluru Civic Bodies
Former corporator N R Ramesh warns Bengaluru's GBA and new civic bodies risk bankruptcy, citing a revenue gap. Property tax collection stands at only Rs 4,500 crore. Read the full analysis.
Realty IBC Reforms Pushed to Later Phase
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
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