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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Big setback for Nirav Modi as UK high court rejects reopening extradition plea | India News

Nirav Modi’s petition to reopen proceedings against his extradition to India was rejected on Wednesday by the High Court of Justice, King’s Bench Division, in London, which ruled that the application did not meet the threshold of “exceptional circumstances” required to revisit the case. The court held that the grounds presented, including reliance on the…

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Big EV Reset: New rules could change how India builds electric trucks

This article is authored by Vijay Kumar, Founder and CEO, Tsuyo Manufacturing.The recent PMe-Drive notification mandates deep localization of traction motors and controllers by Sep’26. This creates a structural shift in manufacturing, especially for Tier-1 suppliers dependent onimported subsystems and materials such as high-grade rare earth magnets. A major risk emerges from China’s restriction on…

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