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Bankrupt

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

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

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

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

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

Shashank Bharadwaj -
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.
News Reports

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

OpIndia Staff -
TATA steel's takeover of Bhushan steel became the first case fully resolved by IBC
News Reports

NDTV to sell part of subsidiary to landlord, to pay outstanding rent

OpIndia Staff -
No end to NDTV's financial woes
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