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VEDANTA ALLEGATIONS
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
Two weeks into power in Kerala, Congress takes jibe at Adani, state’s largest investorThe Kerala Congress has questioned the Adani Group's business expansion. They suggest the government ask the Adani Group to declare its fut...
ED investigates Vedanta Group for FEMA violationsA Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are...
Tribal Affairs Minister should be concerned: Congress flags protests in Odisha against bauxite mining projectVillagers in Odisha's Koraput district are protesting bauxite mining by Kalinga Alumina Ltd. Congress alleges illegal diversion of forest l...
ED searches against Vedanta Group in FEMA caseVedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an i...
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Vedanta arm Talwandi Sabo Power faces Rs 127 crore penaltyVedanta's subsidiary, Talwandi Sabo Power Ltd, must pay approximately Rs 127 crore plus late payment surcharge to Punjab State Power Corpor...
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearingThe appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear ...
Vedanta Aluminium told to pay Rs 233 crore for unauthorised water extraction in OdishaVedanta Aluminium faces a hefty Rs 233.11 crore demand for unauthorized water extraction. The company allegedly drew large volumes of water...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...
Delhi HC holds Hockey India secretary general Bhola Nath Singh guilty of contemptThe Delhi High Court has found Hockey India secretary general Bhola Nath Singh guilty of contempt. He wilfully disobeyed a court order. The...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
Chhattisgarh power plant blast: Death toll rises to 21; Congress demands culpable homicide chargeThe death toll from the April 14 blast at Vedanta's power plant in Sakti district, Chhattisgarh, has reached 21. A worker died from injurie...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
Vedanta questions metrics behind Adani’s winning bid for JALVedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significan...
Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash GaurJaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...
Supreme Court refuses to stay Adani’s ₹14,500 cr JAL resolution planThe Supreme Court has declined to halt Adani Group's ₹14,500-crore plan for Jaiprakash Associates. Vedanta's challenge to the resolution pl...
SC refuses to interfere with order allowing Adani to acquire Jaiprakash Associates in blow to VedantaThe Supreme Court of India has refused to halt Adani Enterprises' acquisition of Jaiprakash Associates, a decision impacting Vedanta Group....
SC to hear Vedanta's stay plea against Adani's Jaiprakash Associates takeoverVedanta, owned by Anil Agarwal, had outbid Adani Group in one of the largest and most keenly tracked insolvency cases in the country. The c...