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Headlines

Wednesday, April 15 2026

China Evergrande Founder Pleads Guilty to Fraud in Shenzhen Court

The founder of China Evergrande ‌Group, the world's most indebted property developer, pleaded guilty ‌to charges including misuse of funds, fundraising fraud and illegally taking public ​deposits, a court in China's southern city…

Wednesday, April 15 2026

NCLT Orders Insolvency Proceedings Against Dhoot

The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Videocon's former chairman and MD Venugopal Dhoot for defaulting on loans of Rs 6,158 crore, as a personal guarantor of two group…

Wednesday, April 15 2026

Oncoclinicas to File for Creditor Protection

Oncoclínicas is set to file a precautionary court request seeking protection from creditors after breaching its debt limits and receiving a going-concern warning from Deloitte, Bloomberg News reported. The company must also…