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| Advanta Corp files for bankruptcy protection | 09-NOV-09 |
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| Advanta Corp, which issues credit cards to small businesses, has filed for bankruptcy protection in a US court after the global economic crisis adversely impacted the company's small business customers. |
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| Apparel exporters worried over CIT bankruptcy | 04-NOV-09 |
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| Just as India’s apparel exporters were beginning to return on the recovery path after a year marked by recession in the US and Europe, the recent bankruptcy filing by the New York-based CIT Group could hit the sector hard. |
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| General Motors: Ready to Cruze? | 20-OCT-09 |
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| Barely three months after emerging out of bankruptcy, General Motors has launched its luxury Sedan, the Chevrolet Cruze, in India. Built on a global platform called the 300 series, the Cruze will compete with the Honda Civic, Skoda Laura and Volkswagen Jetta for a space in the executive segment. |
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| GM nears $150 million Hummer sale to Tengzhong | 09-OCT-09 |
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| General Motors Co, seeking to shed brands after emerging from bankruptcy, is nearing an agreement to sell its Hummer sport-utility vehicle business to China’s Sichuan Tengzhong Heavy Industrial Machinery Co for about $150 million, said three people familiar with the deal. |
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| Lehman creditors to be offered payout plan: report | 05-OCT-09 |
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| Lehman Brother's creditors in London will be approached by the bankrupt financial firm's administrator to join a payout plan, which seeks to directly return assets to them, a media report says. |
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| JAL to be reorganised by govt | 26-SEP-09 |
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| Japan Airlines Corp, seeking a fourth state bailout since 2001, will be reorganised under a government plan designed to avert a bankruptcy at the nation’s largest carrier. |
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| GM India expects 50% growth in 2010 | 24-SEP-09 |
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| With the bankruptcy crisis behind it, US car maker General Motors expects sales in India to grow by up to 50 per cent next year on the back of its proposed mini car to be launched this year-end. |
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