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13 Accounts, With Rs 55 Crore, Of Reliance Infra Seized In Laundering Case
In a major action against suspected foreign exchange violations, the Directorate of Enforcement (ED), Special Task Force at its Headquarters, has seized assets worth Rs 54.82 crore belonging to Reliance Infrastructure Limited (R-Infra).
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US Court Orders Byju's Founder To Pay Over $1 Billion After Default Ruling
A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's US-based financing arm.
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"I'm Basically Homeless": Tourists Kicked Out Mid-Stay After Marriott Hotels' Partner Files For Bankruptcy
Travellers across the globe reported being evicted mid-stay, with some discovering their belongings stuffed into plastic bags and left in hallways as the hospitality firm collapsed.
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Farah Khan Recalls Family's Bankruptcy And Father's Alcoholism: 'With Rs 35, We Would Buy Milk, Bhaaji, And Dad's Half Bottle'
The filmmaker shared that her father’s film failure at the box office pushed him into alcoholism
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After Bankruptcy, Chinese Man Now Earns ₹25 Lakh A Day Selling Street Food
Tang Jian's journey from financial ruin to street food success has inspired millions online.
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"I Was Thrown Out Of My Restaurant": Chef Ranveer Brar Recalls His Struggling Days In US
At 32, Chef Ranveer Brar found himself facing a situation he had never imagined - sleeping on benches and surviving each day with uncertainty.
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50 Burglaries In Four Years Push British Cafe Owner To Brink Of Bankruptcy
Stephanie set up the cafe in 2021 and has built up a loyal clientele. However, every morning she fears thieves and vandals will have struck again.
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Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
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US Couple Lost Rs 21 Lakh After Their Startup Crashed. They Sold It For Rs 209 Crore After 6 Years
They managed to buy their startup back and later sold it in 2006 for a substantial profit of $24 million.
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Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
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Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
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Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
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Anil Ambani's 3,000-Crore Fraud Case With 14,000-Crore Kicker. What Is It?
Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate Tuesday morning on money laundering charges linked to alleged bank loan frauds worth Rs 17,000 crore.
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Top Court Recalls Orders For Liquidation Of Bhushan Steel And Power Limited
The Supreme Court on Thursday recalled its May 2 verdict, which had ordered the liquidation of Bhushan Steel and Power Limited (BSPL).
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From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
-
13 Accounts, With Rs 55 Crore, Of Reliance Infra Seized In Laundering Case
In a major action against suspected foreign exchange violations, the Directorate of Enforcement (ED), Special Task Force at its Headquarters, has seized assets worth Rs 54.82 crore belonging to Reliance Infrastructure Limited (R-Infra).
-
US Court Orders Byju's Founder To Pay Over $1 Billion After Default Ruling
A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's US-based financing arm.
-
"I'm Basically Homeless": Tourists Kicked Out Mid-Stay After Marriott Hotels' Partner Files For Bankruptcy
Travellers across the globe reported being evicted mid-stay, with some discovering their belongings stuffed into plastic bags and left in hallways as the hospitality firm collapsed.
-
Farah Khan Recalls Family's Bankruptcy And Father's Alcoholism: 'With Rs 35, We Would Buy Milk, Bhaaji, And Dad's Half Bottle'
The filmmaker shared that her father’s film failure at the box office pushed him into alcoholism
-
After Bankruptcy, Chinese Man Now Earns ₹25 Lakh A Day Selling Street Food
Tang Jian's journey from financial ruin to street food success has inspired millions online.
-
"I Was Thrown Out Of My Restaurant": Chef Ranveer Brar Recalls His Struggling Days In US
At 32, Chef Ranveer Brar found himself facing a situation he had never imagined - sleeping on benches and surviving each day with uncertainty.
-
50 Burglaries In Four Years Push British Cafe Owner To Brink Of Bankruptcy
Stephanie set up the cafe in 2021 and has built up a loyal clientele. However, every morning she fears thieves and vandals will have struck again.
-
Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
-
US Couple Lost Rs 21 Lakh After Their Startup Crashed. They Sold It For Rs 209 Crore After 6 Years
They managed to buy their startup back and later sold it in 2006 for a substantial profit of $24 million.
-
Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
-
Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
-
Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
-
Anil Ambani's 3,000-Crore Fraud Case With 14,000-Crore Kicker. What Is It?
Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate Tuesday morning on money laundering charges linked to alleged bank loan frauds worth Rs 17,000 crore.
-
Top Court Recalls Orders For Liquidation Of Bhushan Steel And Power Limited
The Supreme Court on Thursday recalled its May 2 verdict, which had ordered the liquidation of Bhushan Steel and Power Limited (BSPL).
-
From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
