India Business News: The merger between Sony's local unit and Zee Entertainment in India has turned into a standoff between the two companies. Sony is reportedly pushing f
"We were in the business of renewable, which we sold 7-8 years back as we got a good valuation then, which was a benchmark. Today, I think India is going to be the hub for green hydrogen and green ammonia. And this is a sector of the future," Goenka told ET in an interview.
The Welspun Group has interests in textiles, line pipes, flooring solutions, warehousing, roads, and oil and gas, and is laying out an expansion strategy for each of its businesses. The group is focusing on four major segments with an aim to build a robust business in each segment.
Monday s order, which now supersedes a restrictive ruling by the Securities and Exchange Board of India (Sebi) in August, ensures Goenka will continue to hold leadership positions in Zee and, in the future, as a key executive of the merged entity. The capital markets regulator could challenge the SAT ruling in the Supreme Court.