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.

The Indian government has asserted that India's mobile tariffs are among the lowest globally, dismissing Congress's claims about recent mobile tariff hikes. The ministry says the market...

Quant Mutual Fund sold 18.62 lakh shares of HEG for Rs 421 crore through open market transactions on the BSE and NSE. The shares were sold at an average price of Rs 2,260 per piece.

Fortis Healthcare has appointed Prem Kumar Nair as the Vice-Chairman of the board. Nair was recently appointed Group Chief Executive Officer of IHH Healthcare.

The market capitalization of BSE-listed companies reached an all-time high of ₹449.88 lakh crore on Friday, despite the Sensex slipping marginally. Read more to learn about the factors...

The Indian government has notified rules under the Telecom Act, making only Secretary level officials eligible for the Trai Chairman post. The new rule restricts sector experts with professional...

The Indian government has asserted that India's mobile tariffs are among the lowest globally, dismissing Congress's claims about recent mobile tariff hikes. The ministry says the market...

EU official explains Carbon Border Adjustment Mechanism (CBAM) aimed at fair trade and global decarbonization, sparking discussions with India on its impact on Indian industries.

Quant Mutual Fund sold 18.62 lakh shares of HEG for Rs 421 crore through open market transactions on the BSE and NSE. The shares were sold at an average price of Rs 2,260 per piece.

Fortis Healthcare has appointed Prem Kumar Nair as the Vice-Chairman of the board. Nair was recently appointed Group Chief Executive Officer of IHH Healthcare.

Coforge, an IT company, has acquired a 17% stake in Cigniti Technologies for Rs 645 crore through open market transactions. The acquisition follows an earlier purchase of an 11% stake and Coforge's...