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Vedanta moves NCLAT, challenges NCLT nod to Adani’s bid for acquiring Jaiprakash Associates

Business conglomerate Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT’s approval to Adani Group‘s bid for acquiring Jaiprakash Associates Ltd for Rs 14,535 crore. Anil Agarwal-led Vedanta Group was in the race to acquire Jaiprakash Associates Ltd (JAL) through an insolvency process, but the lenders in November last year…

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Palmer Luckey who was fired by Mark Zuckerberg after acquiring his company for $2 billion writes a long note on Meta layoffs; says: This is not a disaster, because …

Anduril founder Palmer Luckey (left) with Meta founder Mark Zuckerberg Palmer Luckey, the Oculus founder whom Meta CEO Mark Zuckerberg fired after acquiring his company for $2 billion, has now shared his opinion on the latest round of layoffs at Meta. Luckey expressed sympathy for those affected and has also argued that the job cuts…

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