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Adani Enterprises gets NCLT nod for JAL takeover

Mumbai: The National Company Law Tribunal (NCLT) has approved the acquisition of Jaiprakash Associates Ltd (JAL) by Adani Enterprises, clearing the way for one of the most high-profile resolutions under India’s insolvency framework. The approval will allow Adani Enterprises to take control of the debt-laden infrastructure and cement company. The Adani Group had emerged as…

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Top athletics pundit and four-time Olympic champion Michael Johnson will not appear on BBC athletics coverage – after business went bankrupt

There will be a notable absence during the BBC‘s athletics coverage this year following their decision to omit one pundit. Olympic legend Michael Johnson has been a mainstay of the BBC’s team since 2001 but will not cover the sport for them for a second year running. The 58-year-old has not worked for the broadcaster…