Tag: Bankruptcy

View: It’s bankruptcy that needs a rescue in India
Posted in Economy

View: It’s bankruptcy that needs a rescue in India

In the seven years that it has been around, Indian Prime Minister Narendra Modi’s signature bankruptcy reform has failed to live up to its billing….

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Last week, the TV and online video outlet, Vice Media, laid off staff and canceled its flagship program, Vice News Tonight.
Posted in Business

Vice Media weighs bankruptcy after laying off staff: Report

Vice Media, the one-time darling that attracted investments from some of the largest entertainment companies in the world, is preparing to file for bankruptcy, the…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

silicon valley: End of faking it for startups in Silicon Valley

Faking it is over. That’s the feeling in Silicon Valley, along with some schadenfreude and a pinch of paranoia. Not only has funding dried up…

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Medical Debt Causing Bankruptcy: States confront medical debt that's bankrupting millions
Posted in Europe News

Medical Debt Causing Bankruptcy: States confront medical debt that’s bankrupting millions

DENVER: Cindy Powers was driven into bankruptcy by 19 life-saving abdominal operations. Medical debt started stacking up for Lindsey Vance after she crashed her skateboard…

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Customers and bystanders form a line outside a Silicon Valley Bank branch location,(AP)
Posted in Business

Has the largest bankruptcy in US since 2008 calmed down?

U.S. President Joe Biden said on Friday that the banking crisis after the recent collapse of the Silicon Valley Bank (SVB) and Signature Bank has…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

SVB Bankruptcy: SVB Financial seeks bankruptcy protection for reorganisation

SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

svb collapse: US marshalling ‘material action’ to stem SVB fallout: report

US authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any broader financial fallout…

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