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Tagz is done! After massive loss of 10.7 cr against 9Cr in revenue, the shark tank fame company is being sold to Reliance in a distress sale!

"42 Billion Dollars to Zero" Billions To Bankruptcy #1 RISE and FALL of Anil Ambani Anil Ambani is the youngest brother of Mukesh Ambani.After the death of Dhirubhai Ambani the company was split equally driven by a feud between the brothers over c

Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts 8. Liquid Assets Easily convertible into cash without a significant loss in value. Examples: cash, cash equivalents, and accounts receivable. 9. Illiquid Assets Assets

"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma

DID YOU KNOW ! Nvidia, the world's second-largest company by market capitalization, considered declaring bankruptcy in the early 1990s. Their initial chip, the NV1, was a commercial failure.

When you hear that a company went bankrupt, many of you will think is that the company sold all their assets, paid their creditors what they had and just stopped the running the company. But that's Chapter 7 bankruptcy or liquidation and that's not

Flipkart purchased Myntra in 2014. Flipkart purchased Jabong via Myntra in 2016. Walmart purchase Flipkart in 2018. Flipkart killed Jabong in 2020. Is it fair to purchase a company just to kill it? _S

1K Kirana, a kirana tech startup, is facing potential bankruptcy and a distress sale after significant operational struggles. Founded in 2018, it expanded rapidly during the pandemic but has since downsized drastically, reducing its workforce from ov

"The Hero Who saved a Airline Twice" Bankruptcy to Billions #6 Ajay Singh returns to save SpiceJet Ajay Singh Bought ModiLuft(bankrupt Airline) and renamed as Spicejet with three leased aircraft, and Rs 10 crore of investment.SpiceJet took off on 2

What happens when a company fails to generate revenue after raising funds from a VC. Are the company owners obliged to any amount in return for investors And how will investor get an exit if the company is a loss making company