NCLT issues notice to SpiceJet over another unpaid operational debt

Financial Turbulence: SpiceJet's New Debt Default Crisis

The National Company Law Tribunal (NCLT) has issued a notice to the SpiceJet. The notice was issued in response to a plea by Techjockey Infotech Pvt Ltd, an operational creditor of the airline, seeking the initiation of corporate insolvency resolution proceedings against the beleaguered airline. Sep 24, 2024
India's position set to rise in global supply chains with huge chip investments

India Poised to Become Global Semiconductor Hub; $30 billion investment in 3 years

India is set to become a global hub for semiconductor manufacturing, with an expected investment of up to $30 billion in the next three to five years. The Maharashtra government approved a semiconductor manufacturing project by Israel's Tower Semiconductor and the Adani Group, expected to create at least 15,000 jobs. Sep 8, 2024
Visit to Brunei ushers in new era of stronger ties: PM Modi

Visit to Brunei ushers in new era of stronger ties: PM Modi

Prime Minister Narendra Modi on Wednesday said that his two-day visit to Brunei Darussalam - the first ever bilateral trip by an Indian PM to the southeast Asian nation - reflected New Delhi's deep desire to boost bilateral ties and will further boost action on India's 'Act East' policy and its vision for the Indo-Pacific. Sep 4, 2024