Search Results for: bankruptcy

Gawker Media files for bankruptcy after Hulk Hogan sex tape lawsuit

Ziff Davis has expressed an interest in Gawker Media after it recently filed for bankruptcy in the wake of the Hulk Hogan lawsuit

Jun 11, 2016

Gawker Media files for bankruptcy, to go up for sale

Gawker Media LLC put itself up for sale on Friday after a $140 million court judgment against it in a lawsuit brought by Hulk Hogan over a sex tape.

Jun 11, 2016

U.S. House passes Puerto Rico debt relief bill

By a vote of 297-127, the House approved the bill, sending it to the Senate for consideration.

Jun 10, 2016

RBI Governor Rajan warns of risks to global economy from China slowdown

Contraction in China's imports has had a cascading impact on the global economy, Raghuram Rajan said at a SAARC event.

May 26, 2016

Narendra Modi Modi government modi completes two years in office

2 years in office, PM Modi has an 'unflattering image'

Indian Prime Minister Narendra Modi completes two years on May 26 this year, and analysts are commenting on his performance.

May 14, 2016

53 Rajya Sabha MPs retire; PM disappointed at state of GST bill

Sixteen Congress MPs and five BJP MPs are set to retire from the Rajya Sabha on Friday.

May 13, 2016

Sharp posts $2.37 billion net loss in FY2016 ahead of Foxconn's takeover in June

Sharp reported an operating loss of Â¥162 billion ($1.5 billion) in FY2016, higher than analysts' expectations but lower than its own estimates.

May 12, 2016

India passes Bankruptcy bill; changes to DRT and Sarfaesi Acts still on hold

A solution to India's bad debts could be possible with the three laws in action together, reported Mint.

May 12, 2016

Sensex gains 460 points on better-than-expected corporate earnings

The S&P BSE Sensex and the NSE Nifty surged on better corporate earnings and passage of insolvency legislation.

May 9, 2016

Lok Sabha passes Insolvency and Bankruptcy Code Bill

The bill paves the way for the Insolvency and Bankruptcy Board of India to act as a regulator to prevent serial defaulters from misusing the system.

May 5, 2016

Ambitious new bankruptcy code may take years to clean up India's debt mess

The measure marks a vital step towards completing India's quarter-century-old transition from socialism to a market economy.

May 2, 2016

SunEdison to file for bankruptcy as early as Sunday night: Reuters source

The company said it needed about $310 million to stay in business, estimating a cash shortfall of $260 million by mid-June.

Apr 16, 2016

Financial turmoil at SunEdison imperils solar projects worldwide

Many of those projects are imperiled as SunEdison reportedly prepares to declare bankruptcy.

Apr 10, 2016

A-List Insider: Blac Chyna and Rob Kardashian engaged, Tisha Campbell-Martin and husband Duane file for bankruptcy

Entertainment editor Toyin Owoseje rounds up the celebrity stories of the week.

Apr 7, 2016

SunEdison setback may delay Modi's 'ultra mega' solar drive in India

It's doubtful any rival will pick up the project at the aggressive power pricing promised by SunEdison.