bankruptcy
Food International News

Weaker Yen To Push Up Import Prices In Japan, Leading To Food Price Hikes

According to a credit research company, Japan will see a price hike on 30,009 food and beverage products by October as the country’s currency Yen weakens as well as weaker Yen pushing up import prices, Kyodo News Agency reported. Adding that, the company also cited another reason to be a surge in electricity and labour […]

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Companies News

Go First Grounded Airline Seeks Investors To Save Business

A court-appointed Resolution Professional (RP) to oversee the ongoing insolvency process of Go Airlines has invited an Expression of Interest (EOD) from potential investors. On Monday, the airline, which operates Go First, put out a newspaper advertisement regarding the EoD with relevant details. The last date for receipt of interest by investors is August 9. […]

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Logistics News

Airfares May See 10-15% Increase Following Go First Bankruptcy

Amid Go First’s bankruptcy declaration, airfares may increase by 10-15 per cent on routes where the airline had a strong presence, forcing travellers who had booked flights to destinations such as Srinagar, Goa, Leh and Phuket to reconsider their itineraries. Notably, Airfares are already experiencing a spike due to the summer travel season in India. […]

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Fashion & Lifestyle International News Retail

Bluestar Alliance Rescues Scotch & Soda From Bankruptcy

Scotch & Soda, a fashion retailer, has been saved from bankruptcy by Bluestar Alliance, a brand management company based in the United States.  While not all employees could be retained, the deal is a positive development for a significant number of Scotch & Soda employees. Prior to filing for bankruptcy for its Dutch operations, the […]

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