The order, dated December 16 sanctions the Scheme of Arrangement subject to compliance with stipulated directions.According to the company’s official announcement, the NCLT approval paves the way for the demerger of Vedanta into four independent, pure-play listed companies, in addition to the currently listed Vedanta, thereby creating a total of five separate listed entities.The execution of this transformational demerger is now underway, subject to obtaining further regulatory and stakeholder approvals.Th ...

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Public Land Use Society (PLUS) is calling on the Government of BC to repeal the Declaration on the Rights of Indigenous Peoples Act (DRIPA), following a recent B.C. Court of Appeal ruling causing widespread legal uncertainty across the province. In a split decision released December 5, the Court of Appeal ruled in Gitxaala Nation v. British Columbia (Chief Gold Commissioner), 2023 BCSC 1680 that provincial laws are now open to legal challe ...

Core Points - Diamond Estates Wines & Spirits Inc. has announced the replacement of $4,654,000 in aggregate principal amount of 10.0% unsecured convertible debentures with new 2025 Replacement Debentures maturing on November 9, 2026 [1][2] - The new debentures have a conversion price set at $0.22, differing from the previous terms [2] - The Lassonde Group, consisting of Lassonde Holding and Lassonde Industries, exchanged their existing debentures for a total of $3,350,000 in principal amount of the new debentures, which is subject to a hold period [3] Company Overview - Diamond Estates is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada [4] - The company operates four production facilities, primarily in Ontario, producing VQA wines under various well-known brand names [4] - Through its commercial division, Trajectory Beverage Partners, the company represents a wide range of international beverage brands [5] Wine Portfolio - Trajectory represents renowned wine brands from various countries, including France, Argentina, Australia, New Zealand, Italy, Portugal, and California [6] Spirits Portfolio - The company also represents distinguished spirit brands from Ontario, Mexico, Scotland, Nova Scotia, the UK, and the USA [7] Beer, Cider, and RTD Portfolio - In the beer, cider, and ready-to-drink categories, Trajectory represents several brands from Ontario, Belgium, the Netherlands, and Germany [8] Insider Transactions - The issuance of the 2025 Replacement Debentures to insiders is considered a related party transaction and was approved by disinterested shareholders [3] - Prior to the issuance, the Lassonde Group held approximately 51.56% of the common shares of Diamond Estates [11] - Following the issuance, the Lassonde Group's holdings in terms of debentures have changed, but their overall ownership percentage remains significant [12][13]

Group 1 - OpenAI is in discussions to raise $10 billion or more from Amazon [1] - The funding will be used to utilize AI chips [1]

A California Administrative Law Judge has ruled that Tesla Inc.’s (NASDAQ:TSLA) marketing around its Autopilot and full self-driving systems has been deceptive, and has since suggested punitive measures against the company and its operations in the state.30-Day Suspension of Sales And ManufacturingOn Tuesday, Steve Gordon, the Director of the California Department of Motor Vehicles, said during a press briefing that a California court has recommended the suspension of Tesla’s license to sell and manufacture ...

Core Insights - Robinhood has introduced a new feature allowing customers to bet on the individual performances of professional football players [1] Company Developments - The online brokerage has rolled out a new batch of sports-focused event contracts [1]

Key Points Nvidia shares have more than doubled the return of the S&P 500 in the past 12 months. Investors will find that the current valuation isn’t demanding at all. 10 stocks we like better than Nvidia › Spending on artificial intelligence (AI) infrastructure has become a major contributing factor to the overall growth of the U.S. economy in recent times. And there's been no bigger beneficiary than Nvidia (NASDAQ: NVDA).  If you had bought $1,000 of Nvidia shares exactly one year ago, here's how ...

Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit for allegedly misleading investors about the strength of its North American Fiber Cement segment, which experienced significant inventory destocking and a subsequent decline in sales [1][3][4]. Company Overview - James Hardie Industries designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. Class Action Details - The class action lawsuit, titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, accuses the company and its executives of violating the Securities Exchange Act of 1934 [1]. - The lawsuit claims that from May 20, 2025, to August 18, 2025, the company made false statements regarding the health of its North American Fiber Cement segment, despite evidence of inventory destocking [3]. Financial Impact - On August 19, 2025, James Hardie disclosed a 12% decline in sales for its North American Fiber Cement segment due to customer destocking, leading to a more than 34% drop in the company's stock price [4]. Legal Process - Investors who purchased James Hardie common stock during the class period have until December 23, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6].

In this articleHOODPat Freiermuth #88 of the Pittsburgh Steelers runs the ball during the fourth quarter of the NFL 2025 game against the Miami Dolphins at Acrisure Stadium on Dec. 15, 2025 in Pittsburgh, Pennsylvania.Lauren Leigh Bacho | Getty ImagesRobinhood is stepping up the capabilities of its fastest growing product — prediction markets — by giving users the ability to place what are essential parlay bets on multiple NFL games, putting it into direct competition with traditional sports books.Starting ...

Core Insights - Uxin Limited has officially opened its fifth used car superstore in Jinan, Shandong Province, enhancing its market presence in Northern China [1][2] - The Jinan superstore spans approximately 40,000 square meters and can display over 1,000 vehicles, supporting the shift towards standardized used car retailing [2] - Jinan, with over 4 million registered vehicles, is a significant automotive hub and a key driver of regional consumption growth, benefiting Uxin's operations [3] Company Expansion - The opening of the Jinan superstore completes Uxin's plan for three new superstores in 2025, with expectations to open four to six additional superstores in 2026 [4] - Uxin has strategic partnerships for new superstores in Guangzhou, Tianjin, and Yinchuan, with ongoing planning for other locations [4] Industry Positioning - Uxin is recognized as China's leading used car retailer, focusing on industry transformation through advanced production and digital empowerment [5] - The company offers a one-stop transaction experience with high-quality vehicles and superior after-sales services, leveraging an omni-channel strategy [5] - Uxin's extensive industry data and technology innovation have established strong management and operational capabilities in the used car sector [5]