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NCLAT Rejects Vedanta’s Plea in Jaiprakash Associates Insolvency News

NCLAT Rejects Vedanta’s Plea in Jaiprakash Associates Insolvency

In a decisive verdict marking the end of a prolonged legal battle, the National Company Law Appellate Tribunal (NCLAT) rejected Vedanta’s challenge to Adani’s acquisition of debt-ridden Jaiprakash Associates Limited (JAL) on May 4, 2026. The tribunal found no merit in seven contentions raised by Vedanta, upholding the Committee of Creditors’ commercial wisdom. Despite Vedanta’s higher bid of ₹17,926 crore, Adani’s ₹14,535 crore offer prevailed based on comprehensive evaluation metrics.

Tim Cook Sees India as ‘Huge Opportunity’ as Apple Targets Middle-Class Boom News

Tim Cook Sees India as ‘Huge Opportunity’ as Apple Targets Middle-Class Boom

Tim Cook just made India one of Apple’s most-watched markets. The tech giant is counting on millions of Indians moving into the middle class and upgrading their devices. Here’s what makes India so valuable right now.

Commercial LPG Price Hike Catches Businesses Off Guard: 48% Surge From May 1 News

Commercial LPG Price Hike Catches Businesses Off Guard: 48% Surge From May 1

A major shake-up in India’s energy market hit from May 1, 2026. Commercial LPG cylinder prices surged by nearly 48%, marking one of the steepest hikes on record. The 19-kilogram cylinders saw increases ranging from ₹993 to ₹1,147 across metro cities, driven by escalating global tensions and Middle East supply concerns. While household cooking gas prices remained stable, the commercial sector faces mounting pressure.

iPhone Exports from India Hit Record ₹2 Trillion in Final Year of Smartphone PLI Scheme News

iPhone Exports from India Hit Record ₹2 Trillion in Final Year of Smartphone PLI Scheme

India’s iPhone exports have smashed records, touching ₹2 trillion in the last year of the Production Linked Incentive (PLI) scheme for smartphones. Besides being just another headline number; it shows how quickly the country has become a serious global manufacturing base for one of the world’s most valuable tech brands.

UAE Exits OPEC After Nearly Six Decades: What It Means for the World News

UAE Exits OPEC After Nearly Six Decades: What It Means for the World

In a seismic shift for global energy markets, the UAE exits OPEC and OPEC+ effective May 1, 2026, after nearly six decades as a key member, signalling a bold new era of independent oil policy for Abu Dhabi.

Jury Seated in Elon Musk OpenAI Lawsuit Trial — Opening Arguments Begin News

Jury Seated in Elon Musk OpenAI Lawsuit Trial — Opening Arguments Begin

A nine-person jury was seated on April 28, 2026, in federal court in Oakland, California, marking the formal start of the Elon Musk OpenAI lawsuit trial against CEO Sam Altman and OpenAI President Greg Brockman. With $150 billion in potential damages on the line and the fate of one of the world’s most valuable AI companies in question, this trial has Silicon Valley watching its every move.

Reliance Industries Plans India’s Largest Data Centre in AP News

Reliance Industries Plans India’s Largest Data Centre in AP

Reliance Industries is gearing up to build India’s largest data centre cluster in Andhra Pradesh with a ₹1.6 lakh crore investment, a facility near Visakhapatnam that will be bigger than Google’s $15-billion project in the same city.

Sun Pharma Acquires Organon for $11.75 Billion — India’s Biggest Pharma Bet Goes Global News

Sun Pharma Acquires Organon for $11.75 Billion — India’s Biggest Pharma Bet Goes Global

Sun Pharma has agreed to buy US-based Organon for $11.75 billion in cash, India’s biggest overseas pharma deal in decades and a defining bet on women’s health and biosimilars.

Paramount Warner Bros Merger Approved: Shareholders Say Yes, But Reject Zaslav’s $887M Payday News

Paramount Warner Bros Merger Approved: Shareholders Say Yes, But Reject Zaslav’s $887M Payday

Warner Bros. Discovery shareholders have greenlighted the $110 billion Paramount Warner Bros merger in a historic vote — but rejected CEO David Zaslav’s staggering $887 million exit package. The deal still needs regulatory approval in the U.S. and Europe before it reshapes Hollywood forever.

Google AI Code Generation Hits 75% Mark News

Google AI Code Generation Hits 75% Mark

Google AI code generation has climbed to 75% of all new code, highlighting a profound shift in how one of the world’s most influential tech companies is building its digital future.

Tim Cook Executive Chairman: Apple Hands CEO Role to John Ternus News

Tim Cook Executive Chairman: Apple Hands CEO Role to John Ternus

Tim Cook Executive Chairman transition signals a new era at Apple as John Ternus steps in as CEO, blending continuity with a sharper hardware-driven future.