Jaiprakash Associates defaults on Rs 46.16 billion loans

ICG Chairs 137th Offshore Security Meet of OSCC in New Delhi

The Indian Coast Guard chaired the 137th meeting of the Offshore Security Coordination Committee (OSCC) in New Delhi on June 12, 2025, to evaluate the security preparedness and operational effectiveness of offshore installations in the country. The discussions centred on enhancing joint response mechanisms to protect critical energy infrastructure, with a strong focus on improving inter-agency coordination to counter emerging threats and ensure comprehensive offshore security.The Director General of the Indian Coast Guard highlighted the strategic importance of energy security and stressed the..

Piyush Goyal Strengthens India–Sweden Ties via Govt-Industry Talks

Union Minister of Commerce and Industry, Piyush Goyal, engaged in multiple high-level meetings with senior officials of the Swedish government and business leaders during the first day of his official two-day visit to Stockholm. The objective of the visit was to strengthen bilateral economic ties, boost trade and investment flows, and explore collaboration in emerging sectors.As part of his official agenda, Goyal held meetings with Sweden’s Minister for International Development Cooperation and Foreign Trade, and the State Secretary for Foreign Trade. Discussions focused on expanding the Ind..

MHADA Invites Bids to Redevelop 34-Acre Kamathipura in South Mumbai

The Mumbai Building Repairs and Reconstruction Board (MBRRB), a division of the Maharashtra Housing and Area Development Authority (MHADA), has invited tenders for the redevelopment of Kamathipura in South Mumbai under the cluster redevelopment scheme. The area, known for being a historic red-light district, spans 34 acres and includes around 943 cess buildings, with a total of 8,001 residents—6,625 of whom are residential tenants and 1,376 non-residential. The area is also home to about 800 landowners, and most of the buildings are around a century old.The redevelopment will cover a total n..