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.

Jaiprakash Associates has defaulted on Rs 4,616 crore in loans, including principal and interest. The company is undergoing restructuring and has been selling assets to reduce debt.

NCAER Director General Poonam Gupta says India's high public debt is sustainable due to strong growth and local currency debt, but warns of rising state debt levels.

Indian stock markets surged on Wednesday, with Sensex breaching 80,000 for the first time. Nifty also hit a new lifetime high driven by gains in bank stocks and positive global trends.

The Indian rupee weakened by 5 paise to 83.53 against the US dollar in early trade on Wednesday, weighed down by a strong US currency and elevated crude oil prices. Read more.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

NCAER Director General Poonam Gupta says India's high public debt is sustainable due to strong growth and local currency debt, but warns of rising state debt levels.

Trump's campaign raised USD 331 million in Q2, surpassing Biden's USD 264 million, but Biden raised a record USD 127 million in June. Learn more about the fundraising numbers and what they mean...

Indian stock markets surged on Wednesday, with Sensex breaching 80,000 for the first time. Nifty also hit a new lifetime high driven by gains in bank stocks and positive global trends.

The Indian rupee weakened by 5 paise to 83.53 against the US dollar in early trade on Wednesday, weighed down by a strong US currency and elevated crude oil prices. Read more.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...