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.

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.

India Post commemorates the 25th anniversary of Kargil Vijay Diwas with a special postage stamp, honoring the bravery of Indian armed forces.

Finance ministers from G20 nations agree to work toward taxing the super-rich, a significant step toward addressing global inequality. Brazil's proposal for a 2% minimum tax on billionaires is...

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.