insolvent

The term fugitive has been made popular by the media.A bank or financial institution declares someone bankrupt when they are unable to repay the amount borrowed as a loan for a long time.While we all love to stay updated with the latest…

Go First, an Indian airline facing financial difficulties, has informed the Directorate General of Civil Aviation (DGCA) that it has suspended the sale of tickets until May 15. This announcement comes after the airline filed for voluntary…

<!-- -->The new entity should try to achieve at least 5 per cent public shareholding through such offer.New Delhi: Capital market regulator Securities and Exchange Board of India (Sebi) today came out with a proposal to protect the…

NEW DELHI: “Do you want to run or close shop?” the Supreme Court asked SpiceJet on Friday. It slammed the beleaguered low-cost carrier — facing a winding-up process initiated by Credit Suisse for defaulting on payment of $24 million — for…

The financial outlook for Social Security is eroding more quickly than previously expected, as the coronavirus pandemic has drained government revenues and put additional strain on one of the nation’s most important social safety net…