Insolvency proceedings ordered against JAL, flagship firm of Jaiprakash Group
Monday, 3 June 2024 The National Company Law Tribunal has ordered the initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL). This action comes six years after lenders, led by ICICI Bank, first sought such measures. The decision is expected to impact JALβs real estate operations in Noida and Greater Noida. However, these operations are on a smaller scale compared to Jaypee Infratech, which was admitted for insolvency in 2018 after ICICI Bank had also moved against JAL.
The Supreme Court has instructed the CBI to launch seven preliminary investigations into suspected collusion between major banks and real estate developers.. IndiaTimes
The Pahalgam Terror Attack has shocked the entire nation. Citizens from every corner of India are expressing deep anger and frustration over the brutal Pahalgam Terror Attack that targeted innocent tourists. People are demanding swift, decisive action against terrorism and are urging the government to ensure Pakistan is held accountable. From Kashmir to Kanyakumari, the public mood is one of unity, rage and an urgent call to end the cycle of violence. Will this Pahalgam Terror Attack finally mark a turning point? Pankaj Mishra speaks to residents of Noida, Uttar Pradesh.
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Women's Day 2025: On International Women's Day, we celebrate the contributions of women who have played a key role in the progress of the nation. One such woman is Manjula Mishra, MD of Holosafe Labels Pvt. Ltd. Originally from Bihar, she pursued her education in West Bengal before moving to Delhi in search of employment. Through her experiences in the job market, she gained insights into the entrepreneurial journey.
In 2008, Manjula Mishra co-founded her company with her husband. Today, her Greater Noida-based company employs around 150 people, with 25% of the workforce being women. According to Manjula, women are primarily engaged in packaging, while some trained women operate machinery.
Despite facing significant challenges in the early days, she persevered and has now established herself as a successful entrepreneur. Her inspiring journey showcases resilience, determination, and empowerment, making her a role model for women striving for financial independence and entrepreneurial success.
#WomensDay2025 #ManjulaMishraGrNoida #OneIndia #WomenInLeadership #BreakingBarriers #Resilience #CareerGrowth #Entrepreneurship
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Latest fixed deposit interest rates: Recently, Yes Bank updated its FD interest rates, and SBI also made revisions last month. We compare the latest new FD rates... IndiaTimes Also reported by •Zee News
RBI imposed penalties on the Central Bank of India and Sonali Bank PLC for non-compliance with regulatory norms. The Central Bank of India was fined Rs 1.45... IndiaTimes Also reported by •Zee News
The BSE Sensex and NSE Nifty surged to record highs, driven by private bank stocks like Axis Bank, ICICI Bank, and HDFC Bank. The market also witnessed notable... IndiaTimes