The maiden auction of critical minerals by the Centre has faced a setback with close to seven blocks, including the lithium block in Jammu & Kashmir (J&K), finding almost no takers. These seven blocks pertain to critical minerals, such as Glauconite, Graphite, Nickel, Platinum Group Elements (PGE), Potash, Lithium, and Titanium. They are… Continue reading In first critical mineral auction, no bidder for J&K lithium block | Economy & Policy News
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Reliance Naval debt resolution stuck as bidder seeks more time to pay
Lenders may agree to give more time to Hazel Mercantile to pay upfront cash for the acquisition of Reliance Naval and Engineering, a bankrupt shipyard company, after Hazel moved the court seeking two more months after it failed to meet the July 23 deadline. Hazel Mercantile sought additional time to pay the upfront… Continue reading Reliance Naval debt resolution stuck as bidder seeks more time to pay