Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Eternal To Cap Foreign Ownership At Under 50%
Eternal, a company in the energy sector, is planning to cap foreign ownership in the company at under 50%. This decision could be driven by various strategic or regulatory considerations, potentially aiming to maintain majority domestic control or comply with specific sector regulations regarding foreign investment limits.