Tupperware Brands Inc and its subsidiaries have filed for Chapter 11 bankruptcy protection in the US. The company will seek court approval to continue operations and initiate a sale process during the proceedings. Tupperware has faced declining sales and financial challenges, aiming to transform into a digital-first, technology-led firm.
Related Posts
July CPI inflation sees sharp decline to 3.54%; lowest in nearly 5 years
July 2024 CPI inflation: According to MoSPI data, the provisional inflation rate stands at 3.54% for the entire country, with rural areas experiencing a higher […]
No fireworks from Sensex! Indian stock markets to see worst Diwali in 10 years? Here’s what analysts say
Sensex, Nifty this Diwali 2024: This October has been particularly harsh for investors, marking the worst month since the Covid-induced crash and the most disappointing […]
Import of coal by non-regulated sectors, domestic thermal power plants drops in April-September
India’s non-regulated sectors, including power plants, saw a nearly 10% drop in coal imports during the first half of the fiscal year, signaling a shift […]