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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.
Over 65% of Australians Aged 75+ Digitally Excluded as Services Go Online
Over 65% of Australians aged 75+ are digitally excluded as essential services move online. Families fill the gap while experts call for non-digital access options and digital literacy support.
Manitoba Drug Bust Nets 67 Charges: RCMP Seizes 8kg Cocaine, 57 Guns
Manitoba RCMP and Winkler Police charge 13 people with 67 offences after seizing 8kg of cocaine, 57 firearms, and 2.5kg of psilocybin in a 19-month investigation called Project Dolor.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo on August 25
Bathla Group, a major Sydney developer, has entered voluntary administration with 3,500 homes under construction left in limbo. Teneo appointed as administrator. Buyers and contractors face uncertainty.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo
Sydney developer Bathla Group collapses into voluntary administration on August 25, leaving hundreds of buyers in limbo with 3,500 homes under construction halted. Rising costs and May budget changes blamed.
Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…
Hawk Fire Burns 10,500+ Acres Near Reno; 14,000 Homes Evacuated August 23
The Hawk Fire has burned 10,500+ acres near Reno, Nevada, forcing 14,000 homes to evacuate. Gov. Lombardo declared a state of emergency and mobilized the Nevada National Guard for aerial firefighting support.
Ukraine’s Drone Swarms Cripple Russian Supply Lines, Kill 19 on August 16
Ukraine’s drone attacks on August 16 killed 19 and damaged Russian naval ships and logistics hubs. Wildberries warehouses targeted as military supply nodes. Civilian deaths at highest level since 2022 invasion.
West Midlands Wildfires Destroy 19 Homes as UK Hits 38.1C on August 14
Wildfires in Stourbridge destroyed 19 homes and damaged 18 others on August 14 as the UK recorded 38.1C. Over 100 firefighters battled the blaze across 500 acres during the country’s fifth consecutive heatwave.