India’s Ministry of Law and Justice has twice refused to formally serve summons issued by the United States Securities and Exchange Commission (SEC) on Adani Group chairman Gautam Adani and his nephew Sagar Adani. Court filings in New York reveal that the Ministry cited missing ink signatures, absent official seals,…
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Piyush Goyal Advances India–EFTA Trade Pact in Vaduz
Union Minister of Commerce and Industry, Shri Piyush Goyal, embarked on an official visit to Liechtenstein on 7 January 2026. The visit included a courtesy call on H.S.H. Hereditary Prince Alois von und zu Liechtenstein at Vaduz Castle, meetings with the Prime Minister H.E. Ms Brigitte Haas, Deputy Prime Minister…
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CCI Clears Nippon Steel’s Full Acquisition of Krosaki
The Competition Commission of India (CCI) has approved Nippon Steel Corporation’s acquisition of Krosaki Harima Corporation, clearing the way for the Japanese steel major to assume full ownership of the refractory products manufacturer. The approval marks a key regulatory milestone in a transaction that consolidates Nippon Steel’s control over its…
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BP Offloads Castrol Stake in $8 Billion Strategic Shift
New Delhi: Global energy major BP has agreed to sell a majority stake in its Castrol lubricants business to investment firm Stonepeak, valuing the iconic brand at approximately $8 billion. The transaction marks BP’s largest single divestiture in recent years and reflects the company’s ongoing strategy to streamline its portfolio…
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Gopichand Hinduja Dies at 85: India–UK Business Icon
Global Business Icon Passes Away Gopichand Parmanand Hinduja, the billionaire co-chairman of the Hinduja Group and one of Britain’s wealthiest businessmen, passed away in London at the age of 85. His passing marks the end of an era for one of India’s most influential business dynasties with strong global roots….