Veteran lawyer Shardul Shroff has approached the Supreme Court on behalf of Torrent Investments to expedite the hearing on the company’s application to stay the second challenge mechanism in a corporate insolvency resolution process for the Anil Ambani-promoted Reliance Capital.
Ashok Leyland, a flagship company of Hinduja group, will invest Rs 1,000 crore in Uttar Pradesh to establish a bus manufacturing facility specializing in clean and green mobility. The plant, to be built near Lucknow, will initially have the capacity to produce 2,500 buses per year, with provisions to expand it to 5,000 vehicles per year. This move reflects Ashok Leyland’s commitment to achieving net zero emissions by 2048.
