Setting financial goals for the short and long-term makes good fiscal sense. Photograph: Natee127/Getty Images/iStockphoto People generally teach themselves how to manage their finances as they become adults, and it seems to work well enough for a while. As you get older, finances become a lot more complex yet there is hesitation to consult anyone…
DetailsNew Delhi: The Supreme Court halted insolvency proceedings against defaulters in the power, sugar, shipping and textile sectors, providing relief to borrowers hours before the deadline for referring them to insolvency court expired by staying a Reserve Bank of India (RBI) circular issued in February. Bankers said the decision will delay the process at least…
DetailsBusiness rescue practitioners appointed to save a Gupta business have filed an application for the liquidation of the Gupta’s flagship company, Oakbay Investments, as a result of its failure to pay rent to another Gupta-owned company, Tegeta. In court papers filed in the Johannesburg High Court on Tuesday, Kurt Knoop, one of the business rescue…
DetailsThe total debt of Jaypee group has crossed over 70,000 crore and the same has come down below 30,000 crore after the group sold cement and other businesses. Photo: Mint New Delhi: Leading private sector lender ICICI Bank has filed insolvency petition against Jaiprakash Associates before the National Company Law Tribunal (NCLT). The Allahabad bench…
DetailsPresident TrumpDonald John TrumpOakland Raiders’s Marshawn Lynch sits during national anthem, then scores touchdown Trump declares state of emergency in Carolinas ahead of Hurricane Florence Ex-NFL player tears into Nike: Kaepernick ad like 9/11 and Pearl Harbor MORE allegedly suggested to his chief economic adviser last year that the government should print more money to…
DetailsFranco Frattini, president of the Italian Olympic Committee (CONI) tribunal, told reporters CONI had voted 3-2 not to allow any additions to the championship which started two weeks ago. Serie B usually has 22 teams but three of those who should have played this season were barred for financial reasons. Bari and Cesena, both former…
DetailsWritten by Prem Shankar Jha | Published: September 12, 2018 12:42:42 am Are all the owners and managers of these companies, and their bank managers corrupt, as the government would have us believe? The idea is absurd. Indian industry is in meltdown. Seventy-eight of the largest companies in India are facing dissolution under the Bankruptcy…
DetailsSince the introduction of online gambling to the world about two decades ago, one of the main issues has been dealing with payments. This applies to operators paying out winnings and players using credit with online operators and failing to pay what is due. A recent German court ruling could lead to significant changes in…
DetailsBusiness rescue practitioners appointed to save a Gupta business have filed an application for the liquidation of the Gupta’s flagship company, Oakbay Investments, as a result of its failure to pay rent to another Gupta-owned company, Tegeta. In court papers filed in the Johannesburg High Court on Tuesday, Kurt Knoop, one of the business rescue…
DetailsA slew of recent reports have confirmed what debt advice charities already know: more people are getting into debt to utilities providers and local government, not just to retail credit lenders. But what should you do if you can feel yourself sliding into difficulty? If youre struggling to keep up with the regular payments on…
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