Vedanta moves NCLAT, challenges NCLT nod to Adani’s bid for acquiring Jaiprakash Associates

Business conglomerate Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT’s approval to Adani Group‘s bid for acquiring Jaiprakash Associates Ltd for Rs 14,535 crore. Anil Agarwal-led Vedanta Group was in the race to acquire Jaiprakash Associates Ltd (JAL) through an insolvency process, but the lenders in November last year…

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Russian oil tanker MT Aqua Tita arrives off Mangaluru port amid Middle East tensions | India News

A Russian oil tanker chartered by Mangalore Refinery and Petrochemicals Ltd (MRPL) arrived off the Indian coast on Sunday, underscoring ongoing concerns over global energy supplies amid escalating tensions in Middle East. The vessel, MT Aqua Titan, is currently anchored around 10 nautical miles off the coast of Mangaluru in the Arabian Sea, having been…

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