Day: July 7, 2023

Jaiprakash Associates

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loan

Jaiprakash Associates Ltd (JAL) defaulted on a payment of Rs 4,044 crore on 30 June 2023. Out of Rs 4,044...

IBC for PSU banks

Chapter 11 bankruptcy filings in US rise 68% in first half of 2023

Commercial chapter 11 bankruptcies in the US rose 68% to 2,973 during the first six months of 2023 compared with...