NCLT admits insolvency resolution plea against Dream11 sports platform's owner Sporta Technologies – The Economic Times

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Sporta Technologies, which owns Indias largest fantasy sports platform Dream11, under the corporate insolvency resolution process (CIRP) on an application filed by the resolution professional of Reward Solutions.The tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the insolvency…

Americans have $1.13 trillion in credit card debt. Here are some expert tips to help pay yours off – CNBC

Credit cards are the Achilles’ heel for most people. Collectively, Americans now owe $1.13 trillion on their cards and the average balance per consumer is up to $6,360, both historic highs. Not only are more cardholders carrying debt from month to month but they are also increasingly falling behind on payments, recent reports show. [embedded content] “Even though…