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NCLT Approves Subhash Chandra Settlement: ₹22,006 Crore Debt Cut to ₹6.5 Crore
NCLT approves Subhash Chandra’s settlement plan: ₹22,006 crore debt reduced to ₹6.5 crore with 99.97% haircut. HDFC Bank considers appeal as Congress criticizes ruling.
Mizuho Sues Radiant World in Singapore Court as Police Probe Widens
Singapore police raid Radiant World’s office investigating falsified documents. Mizuho Bank files court injunction against the iron ore trader on August 28 as five banks discover fake invoices.
Lindsay Clancy Jury Begins Deliberations in Massachusetts Murder Trial, August 28
Jury deliberates in Lindsay Clancy murder trial after closing arguments. She faces life without parole if convicted of first-degree murder in the deaths of her three children.
Yamaha R2 Launches in India at ₹2.30 Lakh on August 27
Yamaha launches YZF-R2 in India at ₹2.30 lakh with 204cc engine, 26.5 PS power, and three variants. Deliveries begin mid-September 2026. Competes with KTM RC 200.
South Korea’s KOSPI Crashes 40%, Erasing 400 Trillion Yen in Market Value
South Korea’s KOSPI index crashed 40% in six weeks after an AI bubble burst. The market lost 400 trillion yen as retail investors faced devastating losses on leveraged bets.
Depot schließt alle Filialen zum 30. September, 730 Jobs weg
Depot schließt alle Filialen zum 30. September 2026. Rund 730 Mitarbeiter verlieren ihre Jobs. Inhaber plant Neustart mit kleinerer Mannschaft und Depot-Shops in Supermärkte.
Japan Issues Level 5 Rain Alert for Ishikawa, Toyama on August 27
Japan’s highest Level 5 emergency rain warning issued for Ishikawa and Toyama prefectures on August 27 after record rainfall caused flooding and landslides. Over 300mm fell in 12 hours in some areas.
Bayern’s Ibrahimovic Open to Exit as Werder, Union Circle August 28
Bayern Munich open to loaning Arijon Ibrahimovic before September 1 deadline. Werder Bremen and Union Berlin interested; Atalanta seeking permanent transfer. 20-year-old unhappy with club’s public statements.
Delta Flight 437 Diverts to Detroit After Captain Gets Sick Mid-Flight
Delta Air Lines Flight 437 diverted to Detroit after the captain reported stomach pains and requested immediate hospitalization. The first officer landed the plane safely and a replacement crew completed the journey to Boston.