Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Kinara Capital Faces Liquidity Crunch After Some Lenders Issue Loan Recall Notic...
Kinara Capital, a fintech startup, is reportedly facing a liquidity crunch after some lenders issued loan recall notices. The development, which is a significant setback for the company, is a result of lenders pulling back on their credit lines. The situation highlights the challenges faced by fintech startups in a tight credit market and raises concerns about the stability of the company. The company is now reportedly in talks with its lenders to resolve the issue.