Lenders of Jaiprakash Associates Ltd (JAL) have rejected the modified one-time settlement proposal submitted by the debt-ridden group. The NCLAT will now proceed with the insolvency proceedings.

Lenders raise concerns over Jaiprakash Associates' one-time settlement proposal, citing lack of conviction. NCLAT directs lenders to consider the proposal by July 3.

NCLAT orders ICICI Bank to consider Jaiprakash Associates' one-time settlement proposal, setting a June 24 deadline. The debt-ridden company seeks to pay off its debt within 18 weeks.

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Jaiprakash Associates Ltd, admitting a plea filed by ICICI Bank. The move comes after JAL, the flagship firm of...

Jaiprakash Associates shares dropped nearly 6% after the company defaulted on Rs 4,616 crore in loans, impacting its market capitalization. The company is restructuring its debt.

India's Economic Survey emphasizes promoting cleaner coal technologies like gasification and coal-to-hydrogen to reduce emissions and achieve energy security.

India's Economic Survey forecasts a positive outlook for the real estate sector driven by urbanization and rising housing demand, but highlights stalled projects as a challenge.

India's Economic Survey highlights the crucial role of green steel in the global shift to a low-carbon economy. Explore the challenges and opportunities for India's steel sector.

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

India emerges as a global favorite for Global Capability Centers (GCCs), with the government playing a crucial role in facilitating their entry. The Economic Survey highlights the country's talent...

India's Economic Survey emphasizes promoting cleaner coal technologies like gasification and coal-to-hydrogen to reduce emissions and achieve energy security.

India's Economic Survey forecasts a positive outlook for the real estate sector driven by urbanization and rising housing demand, but highlights stalled projects as a challenge.

India's Economic Survey highlights the crucial role of green steel in the global shift to a low-carbon economy. Explore the challenges and opportunities for India's steel sector.

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...