Thursday, June 17, 2021

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Bankrupt

Cash-strapped Pakistan to now mortgage Islamabad park for 500 billion loan

The preceding governments have also mortgaged roads, buildings and institutions and procured loans through the issuance of bonds, both national and international.

Bankruptcy looms over NDTV as auditor’s review shows a grim picture

In its financial statement filed with the bourses, NDTV auditors have expressed concern over the company continuing as a going concern entity.

Pakistan International Airlines suffers $1.1 million loss: Operated 48 flights with no passengers, 36 empty flights for Hajj

Pakistan International Airlines (PIA), the flag carrier of Pakistan, has operated 46 flights without any passengers during 2016-17, incurring a loss of over $1.1 million to the national carrier.

Modi govt expects recovery of bad loans worth more than Rs 1 lakh crore via its new bankruptcy code

TATA steel's takeover of Bhushan steel became the first case fully resolved by IBC

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