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.
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.
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.
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.
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.
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 deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
Karnataka government releases official 2026 public holidays list. Plan your vacations with complete dates for festivals, national holidays and restricted days across the state.
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
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.
Congress MLA Bharamgouda Kage renews call for separate North Karnataka state, supporting signature campaign by North Karnataka Struggle Committee. Read latest developments.
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
Karnataka sugarcane farmers escalate protests, demanding fair prices and immediate payments from mill owners. Chief Minister Siddaramaiah intervenes as crisis deepens.
Expert committee recommends strategic urban land monetisation and financial reforms to strengthen Karnataka's economy and fund development projects.
Karnataka High Court refuses to lift stay on government order restricting private groups' activities in public spaces, dealing blow to RSS march plans. Legal analysis and political implications explained.
Karnataka sugarcane growers continue their protest despite minister's invitation for talks. Farmers demand higher prices and timely payments amid growing unrest in the agricultural sector.
The Karnataka School Examination and Assessment Board has announced the complete timetable for SSLC Class 10 and II PU examinations 2024. Get all details about exam dates, duration, and important guidelines.
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
Discover how Karnataka's flagship guarantee schemes are reshaping governance while creating significant financial implications. An in-depth look at the state's welfare revolution.
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
Karnataka School Examination Board announces final timetable for SSLC Class 10 and PUC 2 exams 2026. Check subject-wise dates and preparation tips.
Karnataka government partners with Walmart to provide massive market access for women-led Self-Help Groups, creating transformative economic opportunities across the state.
Karnataka CM announces India's first Skill Development University in Sandur, targeting 3 million youth skill development by 2032 through innovative training programs.
The Karnataka State Backward Classes Commission unveils groundbreaking findings from its latest socio-economic survey, revealing significant demographic shifts and development patterns across the state.
Karnataka SIT uncovers crucial digital evidence in Aland voter deletion case. Forensic analysis reveals manipulated documents as investigation intensifies.
Karnataka Deputy CM DK Shivakumar facilitates paid leave for Bihari workers and students to participate in Bihar's upcoming assembly elections, promoting democratic participation.
Badal Vali Venkatagouda Patil joins forces with sugarcane farmers in Belagavi, amplifying protests against delayed payments and pressing for immediate government action on long-standing agricultural issues.
In a significant development for child welfare in Karnataka, Nagalakshmi R. Kosumbe has been appointed as the new chairperson of the Karnataka Commission for Protection of Child Rights (KCPCR), bringing fresh leadership to the state's child protection ini
Massive response to Karnataka's Grama Bangaloriga initiative as 2+ lakh Bengaluru households register native details. Survey aims to strengthen rural-urban connections and improve governance.