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Lenders for the debt-ridden GVK Power and Infrastructure are initiating a second insolvency process, opting to sell individual assets like land parcels, power units, roads, and the Mumbai airport stake. This strategic shift aims to attract specific bidders and maximize asset value, following a previous unsuccessful attempt due to non-compliant resolution plans.
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Work is getting started on a Cook County project to accommodate the Illinois Tollways I-490/Franklin Avenue Interchange Project.
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House Republicans propelled President Donald Trumps $4.5 trillion tax breaks and spending cuts bill to final congressional passage.
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News and Media
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