Revlon Inc filed for Chapter 11 bankruptcy protection on Wednesday after struggling to compete with online-focused upstart brands in recent years. The nail polish and lipstick maker, controlled by billionaire Ron Perelman's MacAndrews & Forbes, listed assets and liabilities between $1 billion and $10 billion, according to a filing with the US Bankruptcy Court for the Southern District of New York.

Cosmetics company Revlon files for bankruptcy protection

Aircel had recently shut its services in six circles - Gujarat, Haryana, Himachal Pradesh, Madhya Pradesh, Maharashtra and Uttar Pradesh (West).

Aircel blames competition, mounting losses for filing bankruptcy

bankruptcy-protection

Bankruptcy Protection, News on Bankruptcy Protection, stories on Bankruptcy Protection, articles on Bankruptcy Protection, Bankruptcy Protection stories at Wion, Bankruptcy Protection news, Bankruptcy Protection latest news