[ad_1] The bankruptcy court has admitted Sterling Oil Resources Ltd under the corporate insolvency resolution process following a plea by its financial creditor, State Bank of India (SBI). SBI had moved the bankruptcy court after the company defaulted on its dues of nearly ₹1,655 crore....
[ad_1] The bankruptcy court has dismissed an application filed by IDBI Trusteeship Services Ltd to initiate the corporate insolvency resolution process (CIRP) against Dish TV's promoter group company Direct Media Distribution Ventures Pvt Ltd.Former Dish TV chairman and MD Jawahar Goel, along with his family,...
[ad_1] The share of food and beverages (F&B) revenue in the total revenue generated by key multiplexes has been increasing amid falling footfalls and rising prices of such items. However, they may not be able to raise prices further if the footfalls fail to show...
[ad_1] The life insurance industry reported a 30% decline in premium income in April on a year-on-year basis, mainly due to the decrease in premium income by the state-owned Life Insurance Corporation of India (LIC). The private sector life insurance industry, on the other hand,...
[ad_1] In the hedge fund industry, tech investors like the "Tiger Cubs" Philippe Laffont and Chase Coleman grab a lot of attention, but the best stock picker in the sector lately is far less well-known. Shannon River Capital Management, a New York based tech-focused hedge...
[ad_1] Federal Reserve officials could talk tough enough at their June meeting that it would amount to a de facto interest rate hike. Markets are assigning a low probability that policymakers will approve what would be the 11th consecutive rate increase since March 2022. But...
[ad_1] Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago.Target's inventory loss, called shrink, totaled about $763 million last fiscal year, based on calculations from the company's financial filings. With...
[ad_1] ...
[ad_1] The Titanic wreck has been revealed as never seen before in a full-sized digital scan of the ship, although the vessel still lies 3,800m (12,500ft) deep in the Atlantic Ocean. Using deep-sea mapping, the scan provides a unique 3D view of the entire ship...
[ad_1] The initial share sale of Remus Pharmaceuticals was open for subscription on Wednesday and will close on May 19. The shares of the company will get listed on the NSE Emerge platform. On Day 1, the issue was subscribed just 38%, with retail investors...