In more trouble for India's Ed-tech startup firm, Byju's auditor resigns amid bankruptcy proceedings. Auditor BDO quits troubled education tech startup, making it the second accounting firm to do so since mid-2023.

Byju's auditor, BDO, quits amid bankruptcy proceedings | World Business Watch

US: Indian-origin couple, teen daughter found dead inside $5 million mansion

Britain's second-largest city Birmingham has declared itself bankrupt. This is due to an annual budgetary shortfall of millions of pounds. The city has shut down all non-essential spending.

Why did Britain's second-largest city Birmingham declare itself bankrupt?

A top Indian investigating agency has arrested Naresh Goyal, the founder of the now-bankrupt Jet Airways, in an alleged money laundering case. Indian media reports said that Goyal was arrested by the enforcement directorate, in an alleged 65.06 million dollar money laundering case linked to India's Canara bank.

Jet airways founder, Naresh Goyal arrested

The Vice media's bankruptcy saga is drawing to a close. Media reports suggest that fortress investment group is all set to buy the bankrupt media company. Fortress, Vice's largest secured creditor, is leading the buyer's list. It is followed by Soros fund management and Monroe capital. All three have made a combined bid of 225 million dollar to take over the company. A bankruptcy judge will have to give a final approval to the deal.

Fortress-led group set to buy Vice Media

Pakistan's Moody's investors warn that Pakistan could go bankrupt without a bailout from the IMF by June. Pakistan government is struggling to restart a 6.5 Billion Dollar rescue program from Washington's lender. For more, watch the video.

Moody's warns : Pakistan at risk of default

It's not just banks in the U.S. That are in trouble. A New York Times report shows American media group Vice is headed towards bankruptcy. This news has sent shockwaves across U.S. Media.

Vice Media group on the brink of bankruptcy

US houseware retailer Bed Bath & Beyond has filed for bankruptcy. It is in order to shut its operations. The company is about to shut its 360 stores. The reason behind the bankruptcy is said to be growing e-commerce.

Bed Bath & Beyond to shut 360 stores amid being Bankrupt

Pakistan economic crisis: Defence minister admits country has already defaulted

Experts have warn that Pakistan could very well go to the Sri Lanka way. But despite the dire situation instead of spending its limited financial resources on public welfare and infrastructure development, the country has been increasing its defence budget year after year.

Inside South Asia: Bankrupt Pakistan's misplaced priorities

Bankrupt Sri Lanka to drastically slash military by half amid looming economic crisis

Amid the ongoing FTX bankruptcy scandal, US agencies are probing its fall. The founder is all set to testify before the US House panel. Regulators are investigating the founder's role in the fall of FTX.

US agencies probe the fall of FTX: Founder to testify before US House panel

Amid the ongoing FTX bankruptcy scandal, the crypto exchange has launched a review of its global assets. FTX owes billions to its creditors.

The FTX bankruptcy scandal: Crypto exchange launches review of its global assets

Cash-strapped Sri Lanka on lookout for discounted Russian oil

Google’s Russian unit to file for insolvency, no funds to pay salaries to employees

UK's convenience store chain McColl's goes bust due to inflation; 1,100 stores and 16,000 jobs at risk

Pakistan has gone bankrupt, govt deceiving people, says former tax chief Shabbar Zaidi

Elon Musk fears SpaceX may go bankrupt, needs to produce more Starship engines

A court in the United Kingdom has declared Indian fugitive businessman Vijay Mallya bankrupt. This paves the way for a consortium of Indian banks, led by the State Bank of India, to recover debt from loans.

London court declares fugitive businessman Vijay Mallya bankrupt, Indian banks can realise debt

Clean-up costs from Etna threaten to bankrupt several Sicilian towns

According to reports US bankruptcies surged in March to the highest level in a year, driven by a 41% jump in month-to-month filings by consumers.

World Business Watch: US bankruptcies increased in March, overall commercial filings also increased

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