NCLAT allows 22 IL&FS group entities to meet debt obligations

The National Company Law Appellate Tribunal (NCLAT) on Monday directed 22 domestic subsidiaries of debt-ridden infrastructure major IL&FS to service their operational and financial debt obligations. It has also lifted the debt moratorium on 133 foreign group entities to enable them to continue their resolution process, which would be supervised by the retired Supreme Court […]

Road construction trebled under Pradhan Mantri Gram Sadak Yojana: FM

Finance Minister Piyush Goyal on Friday said the construction of rural roads trebled under the Pradhan Mantri Gram Sadak Yojana and 2.5 crore rural households were electrified. He also said the government has provided 10 per cent reservation for economically weaker sections, which will create 2 lakh seats in educational institutions alone, Goyal said while […]