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.

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

Nokia and Bharti Airtel achieve a record-breaking 1.2 Gbps download speed during a 5G trial in India using Nokia's Cloud RAN technology. This milestone highlights the potential of 5G for high-speed...

Jawaharlal Nehru Port Authority (JNPA) will develop a Rs 285 crore agri-commodity processing and storage facility at the port to serve Maharashtra and other states. This initiative, a...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Potato traders in West Bengal are on indefinite strike, protesting against alleged harassment and restrictions on exports. The strike is expected to lead to higher potato prices.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

India's Chief Economic Advisor says the country needs smaller, more fundamental reforms to drive growth, focusing on government efficiency and infrastructure. The IMF has raised India's growth...

The Economic Survey 2023-24 urges banks to resist pursuing short-term profits, emphasizing long-term stability and customer focus. It also highlights concerns about product misselling and calls for...