Essel Infraprojects

The apex court quashed an NCLT insolvency order after finding reliance on non-existent AI-generated judgments, warning that even a single fake precedent can invalidate a judicial decision

The Supreme Court said concerns over allegedly fake judicial precedents cited in the Essel Infraprojects insolvency case were being examined administratively by a committee

The remaining 50% of the equity shares will continue to be held by the government of Rajasthan

In the past three months, the stock of Adani Transmission zoomed 113 per cent as against a 5 per cent rise in the S&P BSE Sensex

The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure

The sale of immovable assets is under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002

NAVs of these schemes slip between 0.4% and 2%

The statement added that Sekura will acquire two under-construction assets

Sekura is promoted by Edelweiss Infrastructure Yield Plus Fund and focuses solely on the power sector

The project will revolutionise the electric vehicle industry in the country

EIL will also invest in CSR to develop skill-sets among youth by opening training centres