The Oligo News

Tag: bankruptcy

bankruptcy

Go First airline in crisis, pilots and crew members attended Air India’s walk-in interview

By 8/5/2023

Go First airline is experiencing a tough time relating to the repayment of their debts and many of the employees were kicked out from their compartments. But, on the other hand, Air India was ready to offer job opportunities to almost 900 pilots and 4200 hostesses. A rumor regarding the…

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bankruptcy

How did Kodak drop its business in the market?

By Kumara Ravi 12/10/2021

With the latest technology and revolutionary changes in the technology, Kodak had missed its opportunities in digital photography. Due to newly invented technologies, the business of Kodak had to decline its sales in the market gradually. This strategic failure directly affected Kodak, and the decline in digital photography, and film-based…

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bankruptcy

Amazon’s victory in the battle against Mukesh Ambani in future group deal.

By 8/8/2021

Indian based companies Reliance retail and Future groups had made a deal in 2019 according to which Reliance industries were to acquire Future retail group for $3.4 billion. Amazon, which holds 49% stake in Future groups objected to this deal and stated that when they bought Future group shares they…

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