The 257000 Ithala Bank clients have been unable to access their funds due to an ongoing liquidation application by the ...

The UK's Prudential Regulation Authority has proposed increasing the bank deposit protection limit from 85,000 pounds to 110,000 pounds. This move aims to provide greater security to savers in the ...

In one of the biggest bank fraud cases, in which Rs 27,000 crore is outstanding to govt banks, ED Wednesday attached about Rs ...

Adani Group is moving to acquire Jaiprakash Associates Ltd via insolvency. The firm is part of Jaypee Group, with debts of Rs ...

Once again it was the Whistleblower who found himself a target during the Kuwaiti money laundering stage of the 1MDB scandal. This week Bachar Kiwan finally established his rights and recognition ...

Financial stress among Australian businesses has intensified, with key indicators showing a significant rise in business ...

A controversial foundation set up by Hungary’s central bank is on the brink of insolvency following years of mismanagement ...

ProjectPay, the construction payments fintech, which received a project grant funded by the government’s innovation division, Innovate UK, to research and test how to solve cashflow problems in the ...

Ola Electric Shares: Shares of Ola Electric Mobility dropped 6.69%, hitting a record low of Rs 46.94 on the BSE on Monday, March 17, following the company’s disclosure that an insolvency petition had ...

Shares of Indian two-wheeler maker Ola Electric Mobility slumped to a record low after one of its units' creditors filed a petition in court alleging a default in payment. Shares fell to 46.94 ...

"As a part of the above, Doing Business Report (DBR) 2019 was published by the World Bank. India's rank in resolving insolvency in the above report was 52," he said. The World Bank discontinued ...

In a regulatory filing, the company on Saturday said, "A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by M/s. Rosmerta Digital Services Ltd ...