Legal 60

Vedanta infuses Rs.12,500 crore to produce metal for EV sector The investment will support India’s electric vehicle industry Vedanta Limited has announced capital expenditure of over Rs.12,500 crore to expand production capacity across aluminium, zinc, ferrochrome and steel. The expansion covers aluminium smelter capacity, value-added aluminium products, a zinc alloy plant, a roaster set-up for

Advocate Pawan Shukla Uttar Pradesh’s Rural Population Records Bill, 2025, simplifies property documentation by decentralising updates and corrections. The reform aims to reduce disputes, strengthen law and order, and integrate with the state’s expanding digital land records system. In many villages of Uttar Pradesh, ownership of homes and small plots has always been more than

Shardul Amarchand Mangaldas advised Transbnk Solutions Private Limited on its USD 25 million Series B fund raise A leading full-service Indian law firm, Shardul Amarchand Mangaldas & Co. (SAM), advised Transbnk Solutions Private Limited on its Series B fund raise of USD 25 million led by Bessemer Venture Partners, with participation from Arkam Ventures, Fundamentum

SEBI amends InvITs norms, slashes minimum investment to Rs.25 lakh Harmonizes it with secondary market rules The Securities and Exchange Board of India (SEBI) has notified rules to reduce the minimum allotment lot in the primary market for privately placed infrastructure investment trusts (InvITs). It will be Rs.25 lakh, aligning with the trading lot size

The Supreme Court has reiterated that compulsory retirement of an employee does not amount to denial of retirement benefits, which can only be forfeited in cases of dismissal from service. A Civil Appeal was filed by the General Manager of Canara Bank challenging a Karnataka High Court judgment that had upheld the award of the

              It is entirely in the fitness of things that while striking the right chord and so also most robustly according morality the due position that it so richly deserves also, the Kerala High Court in a most learned, laudable, landmark, logical and latest judgment titled Sarath Chandran vs

SAT deliberates on SEBI versus Jane Street case The global trading firm has been barred from the Indian stock market for indulging in exploitation A three-member bench of the Securities Appellate Tribunal (SAT) has held a hearing in a case between the Securities and Exchange Board of India (SEBI) and the US trading company Jane

SEBI eases IPO rules to benefit startup founders Until now, the promoters were ineligible for share-based benefits The Securities and Exchange Board of India (SEBI) has amended rules allowing startup founders going public to retain Employee Stock Options (ESOPs) granted at least one year before filing preliminary initial public offering (IPO) papers. SEBI’s notification read,

SEBI consents to Prozeal Green Energy and Neilsoft for raising funds through IPO The firms filed their preliminary papers in March and May The Securities and Exchange Board of India (SEBI) has given the green signal to renewable energy solutions provider Prozeal Green Energy and Fujita Corporation-backed Neilsoft to raise funds through initial public offerings