NHAI to seek conciliation in dispute with Jaiprakash Associates over ₹1,461.6 cr claims, ET LegalWorld

State-owned NHAI has decided to go for a conciliation process on the financial dispute with bankrupt Jaiprakash Associates Ltd concerning Varanasi Gorakhpur road projects. In the ongoing dispute, Jaiprakash Associates has sought ₹1,461.63 crore compensation for ‘four laning of Varanasi Gorakhpur Section of NH-29 from Km 14B.000 to Km 20B. 300 in Uttar Pradesh under…

Rite Aid declares bankruptcy, again

SHENANDOAH – A pharmacy chain with multiple locations in the Sentinel-area, and the only chain in the core of our region, is bankrupt. Again. Rite Aid Corporation declared a second Chapter 11 bankruptcy proceeding Monday. The ailing pharmacy chain had declared bankruptcy in 2023 and emerged from bankruptcy in September. “For more than 60 years,…