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The successful PoCs demonstrated that contactless, biometric-enabled international travel is already achievable with digital identity replacing paper documentation. The International Air Transport Association (IATA) has unveiled promising results from recent digital identity Proofs of Concept (PoCs), demonstrating that the future of international travel is on the brink of a significant transformation. Conducted with the collaboration of airlines, airports, technology providers, and governmenta ...Read More >
Vedanta had approached the court seeking a stay on Adani Enterprises' Rs 14,500-crore resolution plan. In a setback to Vedanta Group, the Supreme Court on Monday declined to stay the implementation of Adani Enterprises' resolution plan for debt-ridden Jaiprakash Associates Ltd. A bench, led by Chief Justice (CJI) Surya Kant, noted that the insolvency proceedings are already listed for final hearing before the National Company Law Appellate Tribunal (NCLAT) on April 10, and therefore found no r ...Read More >
New Delhi, Apr 6 (PTI) The Supreme Court on Monday declined to stay the implementation of the Adani group's Rs 14,535-crore bid to acquire the debt-ridden Jaiprakash Associates Limited (JAL), but provided a safeguard by restraining the firm's monitoring committee from taking any "major policy decisions" without prior nod of the National Company Law Appellate Tribunal. A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi asked mining giant Vedanta Ltd, which is opposing the resolution ...Read More >
NEW DELHI: The Supreme Court on Monday did not interfere with the order of the National Company Law Appellate Tribunal (NCLAT), which had refused to stay Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL). The bench, however, restrained the monitoring committee of ailing JAL from taking any major policy decision without a prior nod from the NCLAT. The top court asked mining giant Vedanta Ltd and successful resolution applicant, Adani Enterprises Ltd, to raise contenti ...Read More >
New Delhi, Apr 6 (PTI) The Supreme Court on Monday did not interfere with the order of the National Company Law Appellate Tribunal (NCLAT), which had refused to stay Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL). The bench, however, restrained the monitoring committee of ailing JAL from taking any major policy decision without a prior nod from the NCLAT. The top court asked mining giant Vedanta Ltd and successful resolution applicant, Adani Enterprises Ltd, to ra ...Read More >
New Delhi, Mar 31 (PTI) Mining billionaire Anil Agarwal's Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group's offer. In its petition challenging the lenders' decision to accept Adani's takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross value terms and roughly Rs 500 crore more in net present value compared to the Adani Group's offer. In the bid ch ...Read More >
'After some days, the decision was changed. Don't want to go into the details. That is for the right forum,' says Anil Agarwal, chairman of Vedanta Resources. Anil Agarwal, chairman of Vedanta Resources Limited, on Sunday said the company had been declared the highest bidder for Jaiprakash Associates Ltd (JAL), but the outcome of the insolvency process was subsequently altered. In a post on X, Agarwal said the bidding process was conducted through a public auction by the committee of creditors ...Read More >
New Delhi, Mar 30 (PTI) Mining giant Vedanta Ltd has moved the Supreme Court seeking a stay on the NCLT's order approving Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL). According to the information available on the top court's website, Vedanta filed its appeal on March 25, a day after the National Company Law Appellate Tribunal (NCLAT) refused to stay implementation of the plan. Adani Enterprises Ltd., meanwhile, has also filed a caveat in the Supreme Court, requ ...Read More >
New Delhi, October 16: The family of late Captain Sumeet Sabharwal, who was the Pilot-in-Command of the Air India aircraft that crashed in Ahmedabad on June 12, has petitioned the Supreme Court seeking the constitution of a judicially monitored independent committee, led by a retired apex court judge, to investigate the incident, which claimed over 260 lives. The plea alleged that the investigation ordered by the Directorate General of Civil Aviation (DGCA) and the Aircraft Accident Investigatio ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a chall ...Read More >
SEOUL/NEW DELHI -- South Korea is preparing to order all airlines in the country that operate Boeing jets to examine the fuel switches at the center of an investigation into a deadly Air India crash that killed 260 people. Fuel switch locks have come under scrutiny after a 2018 advisory from the U.S. Federal Aviation Administration (FAA) figured in a preliminary report into last month's crash of Air India's Boeing 787-8 jet. A spokesperson for the South Korean transport ministry said the check ...Read More >
MCLEOD GANJ - The Dalai Lama said Saturday he dreamed of living for decades more, as the Buddhist spiritual leader prayed with thousands of exiled Tibetans on the eve of his 90th birthday. Thumping drums and deep horns reverberated from the Indian hilltop temple, as a chanting chorus of red-robed monks and nuns offered long-life prayers for Tenzin Gyatso, who followers believe is the 14th reincarnation of the Dalai Lama. Looking in good health, dressed in traditional maroon monk robes and a fl ...Read More >
New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech's request to accept its resolution plan to acquire the bankrupt diversified company. Five companies -- Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power and PNC Infratech -- have submitted their resolution plans to acquire JAL. However, lenders of JAL, on June 25, had rejected the resolution plan of Suraksha Group-owned Jaypee Infratech Ltd as the bid was submitted late and wi ...Read More >
New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech's request to accept its resolution plan to acquire the bankrupt diversified company. Five companies -- Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power and PNC Infratech -- have submitted their resolution plans to acquire JAL. Also Read | Bodoland Lottery Result Today, July 05, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Tick ...Read More >
Srinagar, July 3: Panic ensued on a Japan Airlines Boeing Dreamliner 737 on Monday when the plane suddenly plummeted nearly 26,000 feet. The scary episode apparently led passengers to write goodbye letters to loved ones and details of their finances, fearing they would not survive. People on the plane recalled that there was a boom, and after that, oxygen masks fell off within a few seconds. The flight attendants started shouting, asking everyone to put on their oxygen masks. The incident comes ...Read More >
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