Top 15 Failed or Declined Indian Companies ๐ 1. Kingfisher Airlines (2012) Cause: Heavy debt, poor financial planning, failed merger with Air Deccan. 2. Satyam Computers (2009) Cause: Major corporate fraud involving falsified accounts worth โน7,000+ crore. 3. Jet Airways (2019) Cause: Financial mismanagement, unpaid salaries, and grounding of fleet. 4. Nirav Modi Group (2018) Cause: Massive PNB bank scam involving fraudulent LoUs worth โน13,000 crore. 5. Cafรฉ Coffee Day (2019) Cause: Debt crisis; founder V.G. Siddhartha's death raised financial concerns. 6. Reliance Communications (2019) Cause: Intense telecom competition, high debt, and spectrum issues. 7. Subhiksha Retail (2009) Cause: Overexpansion, lack of capital, mismanagement. 8. Educomp Solutions (2017) Cause: Inability to manage debt, weak business model in digital education. 9. Housing.com (2015) Cause: Leadership instability, poor unit economics, excessive burn rate. 10. Bharti Infotel (Early 2000s) Cause: Merged into Airtel; lost independent identity after telecom consolidation. 11. Future Retail (Big Bazaar) (2022) Cause: Debt burden, pandemic impact, Reliance deal fallout. 12. MTNL (Post-2010s Decline) Cause: Inability to compete with private telecom firms, outdated tech. 13. Lilliput Kidswear (2012) Cause: Financial fraud, false inventory reports, investor disputes. 14. SpiceJet (Ongoing from 2020s) Cause: Frequent flight cancellations, financial trouble, regulatory concerns. 15. BYJUโS (2023โ2025 decline) Cause: Overexpansion, loan defaults, layoffs, investor distrust, legal troubles.
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