Viceroy rebuts former Chief Justice D.Y. Chandrachud’s licensed opinion on its Vedanta report

[ad_1] Mumbai: US-based short-seller Viceroy Evaluation has disputed former Chief Justice of India D.Y. Chandrachud’s licensed opinion on its allegations of financial misconduct and misrepresentation in opposition to Vedanta Group. Viceroy argued that Chandrachud’s licensed opinion did not reply questions raised by it near dividend funds and alleged financial mismanagement on the mining and minerals … Read more

Nayara Power mulls authorized recourse on EU sanctions, reiterates funding dedication

[ad_1] New Delhi: Caught within the crosshairs of Western sanctions, Rosneft-backed Nayara Power has hit again on the European Union’s (EU) transfer to blacklist its Vadinar refinery in Gujarat, calling the motion baseless, unilateral and a breach of worldwide regulation. In an announcement on Monday, the corporate mentioned it’s actively exploring all authorized choices and … Read more

How India Inc is rethinking authorized management

[ad_1] The typical age for first-time GCs has dropped to 35–42 years, in comparison with the late 40s or 50s seen 5 to seven years in the past, in keeping with knowledge shared by authorized consulting and expertise administration agency Vahura. The info suggests a staggering 3X rise usually counsel searches, particularly from high-growth and … Read more

Unraveling the authorized, financial and market ramifications if Trump tries to fireside Fed Chair Powell

U.S. Federal Reserve Chair, Jerome Powell and U.S. President Donald Trump. Annabelle Gordon | Kevin Lamarque | Reuters If President Donald Trump tries to fireside Federal Reserve Chair Jerome Powell, it will nearly actually set off a courtroom battle that authorized and coverage specialists say is certain to get messy, with unsure impacts on the … Read more

UniCredit Wins Partial Support in Legal Battle Over BPM Deal

[ad_1] (Bloomberg) — An Italian court accepted some of UniCredit SpA’s requests to annul conditions imposed on its bid for Banco BPM SpA, handing a partial victory to Chief Executive Officer Andrea Orcel in his plan to create the country’s largest lender. The Administrative Court of Lazio lifted two conditions imposed by Prime Minister Giorgia … Read more