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The Commission for Air Quality Management (CAQM) on Wednesday directed six thermal power plants (TPPs) operating within a 300-kilometre radius of Delhi to pay a cumulative amount of ₹61.85 crore in environmental compensation, for non-compliance with biomass co-firing norms. The TPPs were found to be non-compliant with the mandate for using a 5% blend of pellets or briquettes made of paddy straw crop residue along with coal, it said. "The Environment (Utilisation of Crop Residue by Thermal Pow ...Read More >
The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
KORAPUT/BHUBANESWAR: Tribals armed with axes and other sharp farming tools clashed with police Tuesday over the construction of a road linked to an upcoming Vedanta Group bauxite mining project in Odisha's Rayagada, leaving 58 cops among 70 people injured.The unrest centres on a proposed 3km road that the locals view as a precursor to mining in the ecologically sensitive Sijimali hills. Residents have long opposed the project, citing fears of displacement, loss of forest rights and damage to tra ...Read More >
Around 40 police personnel were injured on Tuesday after violent clashes broke out between tribals and security forces protesting a road project linked to the proposed Sijimali bauxite mine in Odisha's Rayagada district, officials said. The violence erupted in Sagabari village under Kashipur block, where residents opposing the mining-linked infrastructure project allegedly attacked police with stones, axes and other sharp weapons, escalating a long-running conflict over land, forest rights and ...Read More >
Bhubaneswar/Rayagada: More than 100 people, including 58 police men, were injured Tuesday after violent clashes broke out between tribals and security forces protesting a road project linked to the Sijimali bauxite mine allotted to Vedanta in Rayagada district, officials said. According to officials, the local tribals strongly opposed the road construction at Shagabari village under Kashipur block of the district. The protesters allegedly hurled stones and attacked police and officials of the d ...Read More >
New Delhi, Apr 7 (PTI) At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capa ...Read More >
BHUBANESWAR: Shortly after the Odisha Police personnel fired at tribals protesting against the construction of a road in Sijimali bauxite mines, a violent clash ensued between the two groups in which over 50 people including 33 police personnel were injured. The Rayagada district administration had recently initiated the construction of a 3 km-long road from Purulang to Sagabari Ghati to facilitate access to the site of the mines which is allotted to aluminium giant Vedanta Ltd. The move trigg ...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: The Supreme Court Monday refused to stay the implementation of Adani Group's ₹14,500-crore debt resolution plan for debt-laden Jaiprakash Associates (JAL). A bench led by Chief Justice Surya Kant said it didn't see any reason to interfere with the National Company Law Appellate Tribunal (NCLAT) interim order allowing the implementation of the resolution plan, a decision challenged by Anil Agarwal-owned Vedanta. Noting that Vedanta's appeal is now listed for final hearing on April 10 ...Read More >
New Delhi [India], April 6 (ANI): The Supreme Court on Monday restrained the monitoring committee or any concerned stakeholder from taking any major policy decision regarding the implementation of the resolution plan for the takeover of bankrupt Jaiprakash Associates Limited (JAL) without prior approval of the National Company Law Appellate Tribunal (NCLAT). A bench comprising Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi also requested the NCLAT to hear Vedanta's plea on ...Read More >
New Delhi [India], April 6 (ANI): The Supreme Court on Monday restrained the monitoring committee or any concerned stakeholder from taking any major policy decision regarding the implementation of the resolution plan for the takeover of bankrupt Jaiprakash Associates Limited (JAL) without prior approval of the National Company Law Appellate Tribunal (NCLAT). A bench comprising Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi also requested the NCLAT to hear Vedanta's plea on ...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, April 6 (Reuters) - India's top court on Monday rejected billionaire Anil Agarwal-led Vedanta's plea to pause the acquisition by Adani group of a bankrupt real estate giant, which includes a $4 billion pool of prized assets including India's only Formula One track. Agarwal's Vedanta is fighting in courts against the decision of a lenders' panel to give the assets of bankrupt Jaiprakash Associates to fellow tycoon Gautam Adani's group, setting up a battle between billionaires for ass ...Read More >
New Delhi/Mumbai: The Supreme Court has refused to stop Adani Enterprises' Rs 14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL). The court dismissed Vedanta's request to halt the process, allowing implementation to continue for now. However, the court said that the monitoring committee must take approval from the National Company Law Appellate Tribunal (NCLAT) before making any major decisions. Case Still Under Review The court also asked NCLAT to hear Vedanta's appeal ...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: 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 contentio ...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 [India], April 6 (ANI): The Supreme Court of India on Monday declined to stay proceedings in a plea filed by Vedanta Limited challenging the approval of Adani Group's resolution plan for the takeover of insolvent Jaiprakash Associates Limited. A Bench led by Chief Justice of India Surya Kant observed that since the appeal is likely to be decided shortly by the National Company Law Appellate Tribunal (NCLAT), and Vedanta's interests have been adequately safeguarded through interim meas ...Read More >
The Vedanta demermger will transform the Mumbai-listed company into a series of pureplay companies spanning aluminium, zinc, oil and gas, steel, and power, Agarwal told the Financial Times, giving them a "free hand to grow". He anticipates a significant rerating of the group's assets. While the conglomerate's current market capitalisation sits at roughly $27 billion, Agarwal suggested that the combined valuation of the independent entities could double. Under the new arrangement, a private pare ...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 >
NEW DELHI, March 31 (Reuters) - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates (JAIA.NS), opens new tab to Adani, a portfolio that includes homes, power, ceme ...Read More >
NEW DELHI - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates to Adani, a portfolio that includes homes, power, cement plants and the Buddh International Circu ...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: Anil Agarwal-owned Vedanta has moved the Supreme Court, seeking stay on the Adani Group's ₹14,500-crore debt resolution plan for now insolvent Jaiprakash Associates (JAL). Challenging the rejection of its revised bid, Vedanta told the apex court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by the JAL's committee of creditors in approving the plan of Adani Enterprises (AEL) was "unfair, opaque, and ine ...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 >
The demerger is designed to create independent, sector-focused companies with their own balance sheets and leadership teams. Management believes that this will allow each business to pursue tailored growth strategies, attract specialised investors and be valued more accurately by the market. The approval by National Company Law Tribunal (NCLT) of Vedanta Ltd's long-awaited demerger plan on Tuesday, marks a defining moment for one of India's largest natural resources conglomerates. The tribunal' ...Read More >
Pune (Maharashtra) [India], December 17: As the year draws to a close, Dharana at Shillim, India's award-winning precision wellbeing retreat presents Sankalp, a thoughtfully curated year-end passage designed for those seeking a quieter, more meaningful way to transition into the New Year. Also Read | 'Raaz' and 'Ghulam' Director Vikram Bhatt and Wife Shwetambari Sent to Judicial Custody in INR 30 Crore Fraud Case; Court Rejects Interim Bail Plea - Details Inside. Positioned as an alternative t ...Read More >
PUNE, India, Dec. 17, 2025 /PRNewswire/ -- As the year draws to a close, Dharana at Shillim, India's award-winning precision wellbeing retreat presents Sankalp, a thoughtfully curated year-end passage designed for those seeking a quieter, more meaningful way to transition into the New Year. Positioned as an alternative to conventional festive celebrations, Sankalp reframes the final days of the year as a moment of intentional closure and conscious arrival. Rooted in the philosophy of Sankalp, a ...Read More >
Vedanta's plan to demerge its oil-to-metals conglomerate into five separate listed entities has received approval from the National Company Law Tribunal (NCLT). This development comes despite earlier concerns from the government regarding the recovery of dues. Following the news, Vedanta's shares turned positive, rising 3.5%. The National Company Law Tribunal (NCLT) on Tuesday approved the Vedanta demerger plan, paving the way for the splitting of the metals-to-oil conglomerate sector-specific ...Read More >
CHENNAI: Vedanta Ltd on Tuesday received a crucial legal clearance from the Mumbai bench of the National Company Law Tribunal, paving the way for the breakup of the diversified oil-to-metals conglomerate into five separate businesses, the company confirmed in a clarification sought by stock exchanges. The approval marks a major milestone in a restructuring exercise that the company has pursued for over two years, aimed at simplifying its corporate structure and sharpening the strategic focus of ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.