🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Goli Vada Pav goes bankrupt
IndianStartupNews
·
1y ago
Medial
The National Company Law Tribunal (NCLT) has initiated corporate insolvency proceedings against Mumbai-based fast-food chain Goli Vada Pav Private Limited due to its alleged failure to repay a debt of Rs 3.56 crore. This action followed a plea from Vista Processed Foods Pvt Ltd, which claimed that Goli Vada Pav had not honored payment obligations from 2020 to 2022, despite acknowledging the debt. Goli Vada Pav argued that some invoices exceeded the time limit for filing such pleas, but the NCLT dismissed these arguments, admitting the plea and appointing an insolvency resolution professional.
View Source
Related News
Byju’s employees rush to file claims for their unpaid salaries as deadline nears
Livemint
·
1y ago
Medial
Byju's employees are rushing to claim unpaid salaries and benefits after the edtech company was declared bankrupt and admitted to insolvency. With a deadline of July 31st, employees have hired legal professionals to help them recover their dues. Byju's founder and CEO, Byju Raveendran, has been unsuccessful in his attempts to overturn the insolvency order through appeals. Employees must file their claims individually or as a group with supporting documents, and if Byju's goes into liquidation, former employees who have filed claims are expected to recover their money as workmen compensation.
View Source
Smartphone era transitioning into 'AI Phone' phase: Samsung - The Economic Times
Economic Times
·
2d ago
Medial
Samsung is transitioning from the smartphone era to the 'AI Phone' phase, focusing on personalized AI technology to enhance user interaction with devices. Samsung Research Institute-Bengaluru's director, Mohan Rao Goli, highlighted AI's transformative impact on features like real-time language translation. The company's Galaxy AI platform is central to this shift, though challenges remain, particularly in balancing power and performance to support AI functionalities. The evolution from smartphones to AI phones is anticipated but will take time.
View Source
Tax hike on F&O, capital gains may cool down markets: Kamath
Twitter
·
1y ago
Medial
Zerodha CEO Nithin Kamath said the tax hikes on futures and options (F&O) trading and capital gains might "cool down the activity in the markets". "STT (Security Transactions Tax) on options goes up from 0.062% to 0.1%. STT on futures goes up from 0.0125% to 0.02%," he said. "We (Zerodha) collected about ₹1,500 crore of STT last year," he added.
View Source
Best gaming mobile phones to buy under ₹20,000 in December 2024: Check options
Livemint
·
8m ago
Medial
Unfortunately, I cannot summarize the article as it goes beyond my word limit and includes unrelated information.
View Source
FTX Customer Says Hedge Fund Cheated Him on Bankruptcy Gains
Livemint
·
10m ago
Medial
- An FTX customer has sued hedge fund Olympus Peak, alleging that the fund underpaid him for his claim in the bankrupt cryptocurrency exchange. - The customer, Nikolas Gierczyk, sold his $1.59 million claim to Olympus Peak at a 42% discount. - Gierczyk claims that he negotiated an explicit right to additional recovery in his agreement with Olympus Peak, but the fund refused to honor it. - FTX, the bankrupt cryptocurrency exchange, has amassed billions of dollars more than it needed to cover customer losses due to a bullish crypto market. - Hedge funds often buy distressed assets at a discount, offering claimants a quick payout while holding out for a better recovery in the bankruptcy process.
View Source
Grapevine: ITC, Aditya Birla Group, NHAI InvIT, Morarjee Textiles in news
VCCircle
·
6m ago
Medial
ITC Ltd is reportedly ahead in acquiring a paper and pulp manufacturer from the Aditya Birla Group. Meanwhile, three parties are interested in acquiring the bankrupt Morarjee Textiles Ltd. Additionally, the infrastructure investment trust (InvIT) backed by the National Highways Authority of India (NHAI) aims to raise new capital.
View Source
Meet Bankrupt WeWork’s New Indian-Origin CEO Anant Yardi
Inc42
·
1y ago
Medial
Anant Yardi, an IIT-Delhi alumnus, has recently taken ownership of bankrupt company WeWork on May 30. Over the past two years, Yardi has invested over $200 million in equity and debt in WeWork. He has been serving as the head of asset management company Yardi Software for more than four decades.
View Source
e-bike startup VanMoof, unable to pay its bills, files for payment deferment in Holland
TechCrunch
·
2y ago
Medial
E-bike startup VanMoof company has applied to a local court for an official suspension of payment provision after running out of money. Is VanMoof about to go ‘poof’? According to a report in the Dutch publication NRC, VanMoof is not officially bankrupt. Read the article to know more from the source link below-
View Source
SpiceJet to submit bid for bankrupt GoFirst
VCCircle
·
1y ago
Medial
SpiceJet has announced that it will submit a bid to collaborate with bankrupt carrier GoFirst in order to create an airline. This comes after GoFirst's lenders considered liquidation options due to the lack of bids received before the deadline. SpiceJet's shares rose over 7% following the news. Further details on the offer were not provided at this time.
View Source
Former FTX CEO Sam Bankman-Fried's bail revoked ahead of trial
Startup News FYI
·
2y ago
Medial
Sam Bankman-Fried, the ex-CEO of bankrupt crypto exchange FTX, had his bail revoked by US District Court Judge Lewis Kaplan on Friday. The decision was prompted by allegations that Bankman-Fried leaked the diary of Caroline Ellison, former CEO of FTX's investment-arm Alameda Research, to the New York Times. Kaplan made the announcement during a federal court session in Manhattan.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
