Thursday, August 7, 2025
NewsWave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
NewsWave
No Result
View All Result
Home Business

Sanjeev Gupta’s InfraBuild hit with lawsuit alleging debt default

26 February 2025
in Business
0
Sanjeev Gupta’s InfraBuild hit with lawsuit alleging debt default
Share on FacebookShare on Twitter
How does this make you feel?



Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta’s metals business in Australia faces a new threat as FitzWalter Capital sues InfraBuild for allegedly breaching financing terms, claiming a default and seeking repayment of bonds. The lawsuit adds to the challenges facing Gupta’s empire, with InfraBuild denying any default and Moody’s downgrading its credit rating.

Full Article

🪄 Creating a simple explanation...

Tags: AllegingDebtdefaultGuptashitInfraBuildLawsuitSanjeev
Previous Post

The Four Letter Code You Never Want To See On Your Boarding Pass

Next Post

South Koreans Are Having More Babies After Years of Decline

Related Posts

Prediction: Nvidia Stock Is Going to Soar After Aug. 27
Business

Prediction: Nvidia Stock Is Going to Soar After Aug. 27

by My News Wave
7 August 2025
0

Nvidia (NASDAQ: NVDA) has experienced a remarkable 1,100% stock increase in 2023, driven by the AI revolution, making it the world's largest company with a market cap of $4.3 trillion. As a leading supplier of high-performance GPUs for AI data centers, Nvidia's upcoming fiscal Q2 2026 financial results on Aug. 27 are anticipated to further boost its stock value. Want More Context? 🔎

Read more
Murphy Oil (MUR) Q2 EPS Jumps 42%
Business

Murphy Oil (MUR) Q2 EPS Jumps 42%

by My News Wave
6 August 2025
0

Murphy Oil (NYSE:MUR) reported Q2 2025 earnings on August 6, revealing adjusted earnings per share of $0.27, surpassing estimates, while total revenue fell 14.8% to $683 million, missing expectations due to lower commodity prices. The company demonstrated strong production and cost management but faced financial challenges amid volatile market conditions. Want More Context? 🔎

Read more
SkyWater (SKYT) Q2 Revenue Drops 37%
Business

SkyWater (SKYT) Q2 Revenue Drops 37%

by My News Wave
6 August 2025
0

SkyWater Technology (NASDAQ:SKYT), a U.S. semiconductor manufacturer, reported Q2 2025 GAAP revenue of $59.1 million, exceeding analyst expectations, while non-GAAP EPS showed a loss of $(0.11), less than anticipated. The company faces challenges due to lower equipment demand and delayed government projects, but the recent acquisition of Fab 25 is seen as a catalyst for future growth. Want More Context? 🔎

Read more
Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?
Business

Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?

by My News Wave
6 August 2025
0

Social Security is vital for most retirees, with 86% relying on it as a significant source of income, yet the program faces a $25.1 trillion funding deficit over the next 75 years. Without reforms, retirees could face benefit cuts of up to 23% by 2033, jeopardizing their financial stability. Want More Context? 🔎

Read more
Adient (ADNT) Q3 Revenue Up 0.7%
Business

Adient (ADNT) Q3 Revenue Up 0.7%

by My News Wave
6 August 2025
0

Adient (NYSE:ADNT), a global leader in automotive seating systems, reported fiscal Q3 2025 earnings on August 6, revealing revenue of $3.74 billion, exceeding expectations but with adjusted EPS of $0.45 falling short of the $0.47 estimate. Despite improved profitability and effective tariff management, a $333 million goodwill impairment in the EMEA region highlighted ongoing challenges in Europe. Want More Context? 🔎

Read more
Coupang (CPNG) Q2 Revenue Jumps 16%
Business

Coupang (CPNG) Q2 Revenue Jumps 16%

by My News Wave
6 August 2025
0

Coupang (NYSE:CPNG) reported Q2 2025 GAAP revenue of $8.5 billion, surpassing forecasts, but diluted earnings per share of $0.02 fell short of the $0.07 estimate. Despite strong growth in its Product Commerce segment and increased customer engagement, the company noted lower free cash flow due to capital expenditure timing and working capital fluctuations. Want More Context? 🔎

Read more
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • High praise for Colbie Young
  • Israel has bombed over 500 schools sheltering displaced people in Gaza since October 2023 – Middle East Monitor
  • Scientists want to prevent AI from going rogue by teaching it to be bad first
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In