Search Results for: bankruptcy

Global regulator for banks red-flags crypto-assets such as Bitcoin

Bitcoin likely to hit record-low of $10K per digital coin soon: Experts

As Bitcoin hovers below $20,000 per digital coin, industry experts fear that the leading cryptocurrency may tumble to $10,000 soon.

Jul 12, 2022

Crypto Crash: Top cryptocurrency broker Voyager Digital files for bankruptcy

Top cryptocurrency broker Voyager Digital on Wednesday filed for bankruptcy in the US, after top crypto hedge fund Three Arrows Capital (3AC) did the same last week, in which Voyager has made significant investments which the company is yet to get back.

Jul 7, 2022

Crypto broker Voyager suspends all trading, withdrawals, deposits

Cryptocurrency broker Voyager Digital (VYGVF) has suspended all trading, deposits withdrawals and loyalty rewards, as top crypto hedge fund Three Arrows Capital (3AC) filed for bankruptcy in the US, in which Voyager has made significant investments.

Jul 3, 2022

IDBI Bank to sell property owned by Great Indian Tamasha Company; calls for bids [details]

IDBI Bank has invited bids through e-auction for the sale of property of Great Indian Tamasha Company, which was running the Kingdom of Dreams in Gurugram.

Jun 20, 2022

Revlon surges 62% in trade after Reliance Industries said to weigh offer

Revlon Inc shares surged as much as 62 per cent in New York trading after media reports said Reliance Industries Limited (RIL) is considering buying the cosmetics giant.

Jun 18, 2022

SpaceX 'violates' US labour law by abruptly firing a staff, Tesla faces criticism for laying off hourly employees

As per reports, SpaceX which fired employees who wrote a letter criticising Elon Musk's behaviour in the public sphere has likely violated US labour laws.

Jun 18, 2022

Coinbase's new risk factor disclosure stirs panic; CEO says no risk of bankruptcy [details]

Coinbase CEO Brian Armstrong is trying to calm the waters by assuring the customers that the new disclosure doesn't indicate a bankruptcy risk and that their funds are safe.

May 11, 2022

Fact check: India not sending troops to Sri Lanka; reports "blatantly false" [truth here]

India has released a statement debunking certain media reports speculating that Indian troops would be sent to Sri Lanka.

May 11, 2022

'Gold-plated Nintendo Wii' is again up for auction

'Gold-plated Nintendo Wii' originally meant as gift for Queen Elizabeth II is up for auction again [details]

The item is not mint-fresh and its utility as a gaming device is absent since Nintendo shut out the Wii Shop years ago.

May 9, 2022

SL Bankruptcy: DMK to contribute Rs 1 crore; Stalin appeals to people for help

Tamil Nadu Chief Minister M.K. Stalin has appealed to the people to contribute to the state government to buy food materials, and ship them to Sri Lanka to help the people of the island nation currently reeling under an economic crisis.

May 4, 2022

Economic crisis: India may help Sri Lanka with $2bn more

India may help Sri Lanka with $2 billion more to help the island nation deal with the economic crisis, in line with its neighbourhood first policy. New Delhi has already helped Sri Lanka with $2.5 billion for rapid post Covid-19 economic recovery.

Apr 14, 2022

Indian student shot dead at subway entrance in Toronto

A 21-year-old Indian student was shot dead at the entrance of a subway station in Toronto.

Apr 9, 2022

Who is Raj Subramaniam; Indian-American exec takes over as FedX President, CEO [details]

Indian-American Raj Subramaniam has become the President and CEO of FedEx, the US-based multinational transportation and courier delivery giant has announced.

Mar 29, 2022

Who is Sanjiv Kapoor; aviation veteran appointed as Jet Airways CEO [details]

Sanjiv Kapoor, who is currently President of Oberoi Hotels and Resorts, will join the airline on April 4, 2022, the consortium said in a statement.

Mar 4, 2022

Germany joins other European countries; closes airspace to Russia [details]

Germany has announced that it would close its airspace to Russian aircraft amid Moscow's military action in Ukraine, thus joining a growing list of European countries that have already imposed restrictions on Russian airlines. Moscow has vowed a reciprocal response.

Feb 27, 2022

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