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Court nod to Vedanta for merger of Sesa Goa, Sterlite

Vedanta Resources Plc moved a step closer to merging two of its Indian subsidiaries after the Madras High Court in India approved the company's plan to simplify its group structure. The mining conglomerate had said early last year that it planned to overhaul its web of subsidiaries, creating an umbrella unit that will group most of its assets.

HC asks Thane TMC to complete road projects

The Bombay High Court has chided the Thane Municipal Corporation (TMC)recently for not undertaking road projects approved in the city development plan. The PIL came up for hearing before a division bench of Justices Ajay Khanvikar and AP Bhangle who then directed the TMC to take up the issue with the departments concerned and resolve it within two weeks.

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