financial collapse

A canteen owner, Parvati Ojha, tragically lost her life while trying to save students before a building collapsed near Saket Metro station. Known as a mother figure, she ran a canteen for over two decades, providing affordable meals and care to students away from home. She rushed back into the collapsing structure to alert students, ultimately sacrificing her life.

CM Announces Rs 5L Aid To Victims’ Kin

A devastating gas leak at a Ludhiana factory has claimed the lives of a father and son, leaving their multi-generational family without their sole breadwinners. Hired as day laborers to clean an effluent vat, Maan Singh and Amit were reportedly not warned of the lethal gas risks or provided safety gear.

Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its original developers retire, a severe shortage of skilled programmers has emerged, leading to astronomical salaries for those who can maintain the ancient code. Young developers are now capitalizing on this scarcity, while institutions explore AI solutions to bridge the gap.

Candace Owens’ cancelled Australian tour has turned into a major financial controversy after promoter Rocksman collapsed with almost no money left, leaving around 15,000 ticket holders without refunds. Owens claims her team lost “hundreds of thousands of dollars” during the failed visa battle and refund efforts. Liquidation reports are now examining the company’s finances, including possible insolvent trading and questionable transactions, while angry fans and sponsors continue demanding answers about the missing money.

Byju Raveendran, once a startup icon, faces a Singapore prison sentence for contempt, highlighting the dramatic fall of his edtech giant. Once valued in billions, the company's aggressive growth model, fueled by pandemic demand, ultimately led to financial and legal troubles, shaking India's startup narrative and prompting a re-evaluation of the edtech sector's priorities.

Billionaire Peter Thiel's family office has secured a prime office space in Miami's 830 Brickell tower. The lease is reportedly the most expensive in Miami-Dade County's history. This move signifies Thiel's growing business presence in South Florida, a region attracting wealth and companies from higher-tax states. Thiel Capital and Founders Fund have also expanded their Miami operations.

Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The remarkable thing about Byju’s is that it did not begin as a cynical idea. There was something authentic at its core. That is partly why the collapse feels so dramatic

Sylvan Goldman's 1937 invention of the shopping cart faced initial ridicule, with men deeming it unmanly and women finding it redundant. To overcome this, Goldman hired actors to demonstrate its use, breaking down social barriers. This innovation revolutionized shopping, allowing customers to buy more and paving the way for modern supermarkets, proving human vanity was the biggest hurdle.

Amidst India's vibrant façade of health and vitality, a hidden struggle with stress and financial pressure looms, particularly in Mumbai. Research indicates that urbanites, while rated healthy, grapple with significant anxiety. Surprisingly, smaller cities show better financial security and job satisfaction than their larger counterparts.

A prominent television actor and his domestic help have filed cross-FIRs at Haridevpur PS following a dispute over a missing ring. The help alleges wrongful confinement and assault, while the actor's wife accused her of theft. Police are investigating the conflicting claims and reviewing medical reports.

Bengal's civic bodies are facing collapse due to widespread resignations, even within Trinamool strongholds, signaling internal party strain. Recent mass departures in North Barrackpore, Diamond Harbour, and Contai have destabilized numerous municipalities. Chief Minister Mamata Banerjee has appealed for unity amidst this growing unrest.

Beloved comedy 'Schitt's Creek' is set to stream exclusively on Lionsgate Play in India starting June 5. Fans can once again follow the Rose family's hilarious and heartwarming journey as they navigate life in a small town after losing their fortune. The series, celebrated for its sharp wit and touching portrayal of family, promises a delightful rewatch for audiences.

Luka Doncic has partnered with former Dallas Mavericks executive Donnie Nelson as part of an ownership group that purchased Italian basketball club Vanoli Cremona. The club will relocate to Rome before the 2026-27 season and has submitted a bid to become part of the NBA's planned European league. The venture reconnects Doncic with the executive who helped bring him to Dallas in 2018 and reflects the Lakers star's long-held ambition of owning a basketball team in Europe.

A 36-year-old man died tragically in Lucknow. A sack of construction debris fell from a hotel building, striking him on the head. The incident occurred while he was on his way to work. Police have detained the hotel owner for questioning. The victim's family is seeking justice and compensation.

Doctors at Gleneagles Hospital, Parel, performed a complex, staged hand reconstruction for a 46-year-old engineer. Following a severe road accident, his fingers became stiff and deformed. The expert team successfully restored movement in his ring and little fingers. A subsequent joint replacement surgery on his middle finger significantly improved his hand function.

Cody Haddon earned a big win at UFC Macau after stopping Aoriqileng with a brutal liver knee in the second round. But his emotional post-fight interview created even more attention. The Australian fighter openly told UFC officials he was struggling financially and asked Dana White for a bonus. His comments once again sparked conversation among fans and fighters about UFC pay and contracts.

Lalit Modi alleged that when he tried to stop the Kochi consortium from entering the IPL because of what he believed was an unfair equity arrangement involving Pushkar, the then United Progressive Alliance (UPA) government turned against him.

Edtech giant Byju's founder Byju Raveendran received a six-month prison sentence in Singapore for contempt of court over asset disclosure non-compliance. This latest setback adds to the company's mounting legal woes, including fund diversion allegations and creditor claims, marking a significant downfall for the once-celebrated startup.