Only ARCIL disqualified, 25 final bidders, including Adani, Vedanta & Patanjali for Jaiprakash Assets

In a key development in the corporate insolvency resolution process of debt-laden Jaiprakash Associates Ltd (JAL), the Expression of Interest (EoI) submitted by Asset Reconstruction Company India Ltd (ARCIL) has been rejected, making it the only disqualified applicant among the 26 entities that submitted bids late last month.  According to sources close to the process,…

NELP era draws over $36 billion investment, 177 discoveries in pre-2014 oil, gas blocks: Oil Min Report

India attracted over $36 billion investment from nine New Exploration Licensing Policy (NELP) bid rounds held before 2014, and has so far yielded 177 oil and gas discoveries, according to a report commissioned by the Petroleum Ministry. Under the New Exploration Licensing Policy (NELP), blocks were awarded to bidders promising maximum exploration, allowing them to…

GenAI’s role continues to grow in Indian Aviation, says experts

From Air India’s Vihaan.AI to Indigo and SpiceJet, Indian airlines have begun embracing GenAI to modernise operations.  | Photo Credit: Yatrik Sheth The adoption of generative AI (GenAI) in the Indian aviation sector is accelerating, with applications expanding beyond customer query resolution to include design, training and operational support. Experts note that GenAI can serve…

Japan seeks ‘fairness’ in currency talks with US: Prime Minister Ishiba

Japanese Prime Minister Shigeru Ishiba | Photo Credit: REUTERS Japan will emphasise “fairness” in any discussions with the US on exchange rates, Prime Minister Shigeru Ishiba said on Sunday, as bilateral trade talks grab global attention in US President Donald Trump’s tariff offensive. Ishiba, in a talk show on public broadcaster NHK, indicated Tokyo could…

Goyal backs deep-tech dreams from village to city at Bharat Project launch

Union Minister of Commerce and Industry Piyush Goyal and Shradha Sharma, Founder and CEO of YourStory at the launch of The Bharat Project Union Minister of Commerce and Industry Piyush Goyal called for greater ambition among Indian entrepreneurs while acknowledging that innovation can emerge from anywhere in the country, including smaller cities and rural areas,…

Kancha-Gachibowli forest dispute: What the data says about India’s forest cover

Protests erupted over the Telangana government’s deforestation controversy related to the Kancha-Gachibowli land dispute involving the University of Hyderabad, eventually leading the matter to the Supreme Court. But how does this incident fit into the broader picture of forest loss across India? The data presents a conflicting narrative: according to Global Forest Watch, a private…