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Scroll.in
a day ago
- Politics
- Scroll.in
Rush Hour: Karnataka asked to justify ACP's suspension, Patanjali to halt ‘disparaging' ads and more
We're building a brand-new studio to bring you bold ground reports, sharp interviews, hard-hitting podcasts, explainers and more. The Delhi High Court restrained yoga guru Ramdev's Patanjali Ayurved from running allegedly disparaging advertisements about consumer goods company Dabur's Chyawanprash product. The court passed the interim order on a plea filed by Dabur, which alleged that Patanjali Ayurved was disparaging its product by claiming that no other manufacturer had the knowledge to prepare it. Dabur argued that it was misleading and harmful to label other brands as 'ordinary'. The statements misrepresented Patanjali Ayurved's own formulation, questioned Dabur's adherence to Ayurvedic tradition and branded Dabur's product as inferior, the petition alleged. Dabur also claimed that Patanjali Ayurved was a habitual offender, citing earlier orders in contempt proceedings against the Ramdev-led company for similar advertising conduct. Read on. The Karnataka High Court asked the state government to justify the continued suspension of Bengaluru's Additional Commissioner of Police Vikash Kumar Vikash after the June 4 stampede outside the Chinnaswamy Stadium, which killed 11 persons. The government had suspended Vikash and four other police officers, accusing them of dereliction of duty. Vikash had challenged the suspension before the Central Administrative Tribunal. On Tuesday, the tribunal quashed the order, saying that the officer had been suspended without sufficient grounds. It had also directed the state government to reinstate Vikash immediately. The state government moved the High Court challenging the tribunal's order. On Thursday, the High Court asked whether transferring the police officer would have been a sufficient measure instead. Read on. The successor to the 14th Dalai Lama will be chosen by the current spiritual leader of Tibetan Buddhists himself, India has said. 'Nobody else has the right to decide it except him and the conventions in place,' said Union minister Kiren Rijiju. This came after China on Wednesday said that the Dalai Lama's reincarnation needed to be approved by the Chinese government. Beijing said that the succession must follow Chinese laws as well as 'religious rituals and historical conventions'. The statement was in response to the 14th Dalai Lama stating that the Gaden Phodrang Trust held the sole prerogative to decide on his successor, and that no one else had the authority to interfere in the matter. The trust is a non-profit organisation set up by the current Tibetan spiritual leader in 2015 to support the institution of the Dalai Lama. Read on. The Mumbai Police told the Bombay High Court that there was no foul play in the death of Disha Salian, the former manager of late actor Sushant Singh Rajput. Disha Salian had died by suicide on June 8, 2020, reportedly after jumping from the 14th floor of a building in Mumbai. The police had closed the case in 2021 and said that no evidence of foul play had been found in her death. However, the celebrity manager's father, Satish Salian, moved the High Court in March seeking a Central Bureau of Investigation probe into her death and the filing of a first information report against Shiv Sena (Uddhav Balasaheb Thackeray) leader Aaditya Thackeray. Claiming that his daughter had died under suspicious circumstances, Satish Salian alleged that she was gangraped and murdered. He claimed that there had also been a politically-driven cover-up to shield 'influential persons'. The police demanded that the petition should be dismissed. Thackeray on Thursday refused to comment on the matter, saying that he had chosen silence despite attempts to defame him. Read on.
Time of India
24-06-2025
- Business
- Time of India
Adani Group, Vedanta, others submit resolution plans to acquire Jaiprakash Associates
Gautam Adani's Group, Vedanta, and Dalmia Bharat Cement have bid for Jaiprakash Associates. The acquisition is happening through an insolvency process. Jaypee Infratech, now owned by Suraksha Group, has also submitted a bid. Patanjali Ayurved did not submit a plan. Jaiprakash Associates has been facing insolvency after defaulting on loan payments. Creditors are claiming over Rupees 57,000 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Company 1. SIS close to acquiring company; eyes tech edge, organic growth under Vision 2030 blueprint Tired of too many ads? Remove Ads Billionaire Gautam Adani's Group, mining mogul Anil Agarwal's Vedanta , and Dalmia Bharat Cement have submitted their resolution plans to acquire Jaiprakash Associates through an insolvency process , according to Infratech, which has been acquired by Mumbai-based Suraksha Group, has also submitted the bid, they Ramdev-led Patanjali Ayurved, however, has not submitted the resolution plan after showing initial interest, sources April, as many as 25 companies showed interest in acquiring Jaiprakash Associates Ltd (JAL).Earlier this month, lenders of JAL extended the deadline for submission of resolution plans to June 24 on request of prospective -- which has business interests spanning real estate, cement manufacturing, hospitality, and engineering & construction -- was admitted into the Corporate Insolvency Resolution Process (CIRP) through the National Company Law Tribunal, Allahabad Bench, order dated June 3, to sources, Adani group firm Adani Enterprises, Vedanta , Jaypee Infratech and Dalmia Bharat Cement have submitted their resolution plans for spokespersons of these entities declined to companies, which submitted EOIs in April, included Torrent Power, GMR Business & Consultancy LLP, Jindal India Power, Jindal Power Ltd, Kotak Alternate Asset Managers Ltd, PNC Infratech, and Oberoi Investment undefined Consortium of Winro Commercial (India) and Parakh Advisors; Dickey Asset Management; India Opportunities XII Investments; J C Flowers Asset Reconstruction; Jaithari Thermal Power; Jakson Ltd; Oriental Structural Engineers; Paschim Sagar Properties; Rashmi Metaliks; Sherisha Technologies; Sigma Corporation (India) Ltd; and Winchain Infrastructures also showed initial was taken to insolvency proceedings after the conglomerate defaulted on payment of are claiming a total of a staggering Rs 57,185 National Asset Reconstruction Company Ltd (NARCL) leads the list of claimants after acquiring the stressed JAL loans from a consortium of lenders headed by the State Bank of India (SBI).JAL has major real estate projects like Jaypee Greens in Greater Noida, a part of Jaypee Greens Wishtown in Noida (both on the outskirts of the national capital), and Jaypee International Sports City, strategically located near the upcoming Jewar International also has three commercial/industrial office spaces in Delhi-NCR, while its hotel division has five properties in Delhi-NCR, Mussoorie, and has four cement plants in Madhya Pradesh and Uttar Pradesh and a few leased limestone mines in Madhya Pradesh. The cement plants, however, are also has investments in subsidiaries, including Jaiprakash Power Ventures Ltd, Yamuna Expressway Tolling Ltd, Jaypee Infrastructure Development Ltd and several other Group's Jaypee Infratech has already been acquired by Mumbai-based Suraksha Group through an insolvency process. Suraksha Group has to complete various stalled projects comprising around 20,000 apartments in Noida and Greater Noida.
