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Headlines

Monday, May 12 2025

Germany Sees Highest Spike in Bankruptcies in 20 Years

The number of insolvencies of joint partnerships and corporations in Germany has reached its highest level in 20 years, data published on Thursday by the Halle Institute for Economic Research (IWH) showed, DPA International…

Monday, May 12 2025

Sanjeev Gupta’s Commodities Trading Firm to Appoint Administrators

Sanjeev Gupta is set to call in administrators to place his main commodities trading business into insolvency, marking the final chapter for one of the controversial metals magnate’s oldest companies, the Financial Times reported…

Monday, May 12 2025

Banks Urged To Expedite Insolvency Resolution Process At NCLT Review Meeting

Financial Services Secretary M. Nagaraju chaired a review meeting on Thursday to assess the progress of Public Sector Banks in clearing pending cases awaiting admission at the National Company Law Tribunal (NCLT), KNNIndia.co.in…