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Gautam Adani announces Rs 65,000 crore investment in Rajasthan20 hrs ago
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"We find that the Appellate Tribunal was not right in cancelling/setting aside the licence granted to the appellantJSPL and hence, the impugned judgement is liable to be set aside...In the result, the appeals are allowed and the impugned common judgement of the Appellate Tribunal is hereby set aside," a bench of Justices Ajay Rastogi and B V Nagarathna said.
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Industrialists including Vedanta Group Chairman Anil Agarwal, ArcelorMittal Chairman and MD L N Mittal, Adani Group Chairman Gautam Adani, Tata Power CEO and MD Praveer Sinha, DCM Shriram Chairman Ajay S Shriram are scheduled to attend the ceremony.
Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, the first source with knowledge of the matter said.
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