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Friday, June 25, 2021

NCLT issues order approving resolution plan for Jet Airways

The National Company Law Tribunal (NCLT) on Friday published the written order approving Jalan Kalrock Consortium's resolution plan for grounded Jet Airways, and the approval is subject to certain directions.

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...