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Headlines
Tuesday, May 13 2025
Japan Business Failures Hit 11-Year High for April
The number of corporate bankruptcies with debts of at least ¥10 million in Japan totaled 828 in April, the highest level in 11 years for the reporting month, amid inflation and rising labor costs, Tokyo Shoko Research said on…
Tuesday, May 13 2025
Tikona Infinet Settles CCD Dues with L&T Finance, Moves to Exit Insolvency Process
Mumbai-based Tikona Infinet Pvt Ltd moves to settle its dues related to Series 'E' Compulsorily Convertible Debentures (CCDs) with L&T Finance Ltd, bringing closure to the insolvency resolution process against the broadband…
Tuesday, May 13 2025
Bankruptcy Board Touts Success as Creditors Realise ₹3.89 Lakh Crore Under Resolution Plans
Creditors have realised ₹3.89 lakh crore under resolution plans till March, accounting for 32 per cent of the admitted claims by them, a senior official from the Insolvency & Bankruptcy Board of India said on Saturday,…
