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.
The 2025 Guangzhou Design Week has commenced, showcasing cutting-edge architectural tech. Phomi Holdings leads with its 'Phomi Wall' and AI-driven design systems, blending aesthetics with functionality. Explore the future of design.
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
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.
Private equity firm Compass Diversified plans to sell subsidiaries to cut debt after alleged fraud at its Lugano Diamonds unit forced financial restatements. Read the full story.
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.
Prada finalises $1.51 billion acquisition of Versace. Lorenzo Bertelli becomes executive chairman, marking a major shift in luxury fashion. Details inside.
Dessert Holdings partners with Synoptek to drive digital transformation, aiming to enhance operational efficiency and fuel business growth. Discover the strategic move.
Italian luxury giant Prada finalises its long-awaited acquisition of Versace for €1.3 billion. The deal follows the collapse of Capri's sale to Tapestry and signals a new era for both iconic fashion houses.
Carlyle Group sells troubled iRobot loan to Chinese supplier Santrum. The Roomba maker warns of potential bankruptcy without new capital. Read the full analysis.
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.
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
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.
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.
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.
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.
Major corporations including Alibaba and Tencent donate millions for Hong Kong fire relief after President Xi Jinping's appeal. Over 55 lives lost in deadliest blaze since 1948.
Noah Holdings announces impressive Q3 2025 results with 20.5% overseas AUA growth and complete AI integration. Global expansion strategy delivers strong momentum for wealth management.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
Singapore police raid SRS Auto Holdings in widening probe against Prince Holding's Chen Zhi. US-sanctioned scam network faces global crackdown. Read latest developments.
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.
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.
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
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.
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.
Japan's Kirin Holdings plans to exit B9 Beverages, maker of Bira 91, amid mounting losses and operational challenges. Discover the full story behind this strategic shift.
Global gold reserves hit record highs in 2025. US dominates with 8,133 tonnes while India strengthens position with 876 tonnes. Discover the shifting landscape of central bank gold holdings.
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 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.