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One of America’s biggest fintech startup Parker has filed for bankruptcy and is widely reported to have shut down. Widely known to be a well-funded startup, Parker offered corporate credit cards and banking services for e-commerce businesses. The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar…
Samay Raina revealed in Still Alive how India’s Got Latent controversy cost him sponsors, episodes, and FDs, fearing debt like Amitabh Bachchan’s ₹90 crore ABCL crisis. Triggered by Ranveer Allahbadia’s joke, it led to FIRs and show removal. Despite mental toll, Season 2 teased. Following the release of his latest special, Still Alive, stand-up comedian…
Joey Fatone, the beloved former NSYNC sensation, recently shared an astonishing tale of financial turmoil that saw him flirting with bankruptcy. One particularly unforgettable Christmas Eve included a power shut-off due to overdue bills, a stark reminder of his precarious situation. Although his accountant had previously assured him of stability, the hiatus of NSYNC left…
NEW DELHI: On April 6, 2026, the President of India gave assent to the Insolvency and Bankruptcy Code (Amendment) Act, 2026–No. 6 of 2026–and the legislation was published in the Gazette of India. A decade after the original IBC was enacted in 2016, Parliament has approved what practitioners call the most comprehensive rewrite of the…
A well-known local pizza chain, Gina Maria’s Pizza, has reportedly closed its doors following a Chapter 7 bankruptcy filing. The business had been operating for around five decades before suddenly ceasing operations across all locations. The closure appears to have taken place without advance notice to customers, which left many regular diners surprised.Founded in 1975,…
The Lok Sabha on Monday cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as finance and corporate affairs minister Nirmala Sitharaman highlighted the law’s role in reshaping the country’s banking landscape. Speaking in the House, Sitharaman said that the Bill, introduced a decade back in 2016, has been instrumental in improving the health of…
Colorado defensive back Shilo Sanders. ( Image via Getty Images) A hallway confrontation from 2015 is still running Shilo Sanders’ life, and a federal judge just made sure it stays that way.On March 4, U.S. Bankruptcy Judge Michael Romero denied Sanders’ attempt to toss a lawsuit from the trustee overseeing his bankruptcy estate, keeping alive…
A new report from the United Nations warns that humanity has entered an era researchers call “water bankruptcy.” In many regions, rivers and rainfall can no longer meet demand. Countries are increasingly tapping into groundwater reserves that took centuries or even millennia to form. Once depleted, these sources might never fully recover. Experts estimate that…
The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…
Sunny Deol starrer Border 2 is gearing up for its January 23 theatrical release. However, the film has found itself at the centre of a debate over creativity versus legacy. The controversy erupted after veteran lyricist Javed Akhtar criticised the recreation of classic songs. Producer Bhushan Kumar has now clarified why retaining Sandese Aate Hain…
