Bankruptcy is a legal process in a federal court that allows individuals and businesses to resolve debts while protecting their assets. It’s often viewed as a negative stigma, but the truth is it can be…
UncategorizedFebruary 18, 2025
Health, fire drive growth for insurers in January…
The growth in premium collected by the general insurers in January at 6.7% remained tepid even as health and fire insurance segments continued to witness robust growth. A muted demand for automobile and crop insurance…
Top Wall Street analysts say buy stocks like…
Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners…
Black-owned beauty brands and founders breaking billion-dollar barriers
Mahisha Dellinger, founder of hair care line Curls, launched her beauty brand in 2002 and at that time, "Despite having great personal credit, I couldn't get a small business loan to save my life," she…
Maharashtra to create incubation centre for startups near…
Chief Minister Uddhav Thackeray on Friday said Maharashtra is planning to set up a large incubation centre for startups near the financial capital soon to give a boost to new-age enterprises. The state is also…
Corporate lenders vs taxman: Round one of bankruptcy…
Administrators selling off bankrupt companies, or their assets piecemeal, need not worry about claims from the income tax authorities. In the pecking order on recoveries, the taxman ranks below the lenders, says a ruling by…
How Carl Icahn could create value with this…
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016.Heidi Gutman | CNBCCompany: Bausch Health Companies Inc. (BHC)Bausch Health Companies Inc, formerly Valeant Pharmaceuticals International Inc, is a Canada-based…
No capital infusion by Punjab National Bank in…
NEW DELHI: (PNB) will not participate in capital raise plans of its housing finance subsidiary, PNB Housing Finance, but the company will continue to scout for raising equity from other sources, according to a regulatory…
U.S. condemns fatal shootings of protesters in Myanmar,…
Anti-coup protesters hold placards as they protest against the military coup Saturday, February 20, 2021, in Yangon, Myanmar.Anadolu Agency | Anadolu Agency | Getty ImagesThe U.S. Embassy in Myanmar on Saturday released a statement condemning…