New Delhi, March 27 -- Reliance Industries Ltd. has halted additional purchases of Venezuelan crude following U.S. President Donald Trump's approval of a 25% tariff on nations importing oil from the South American country.

According to a PTI report, the Adani Group has expressed interest in acquiring Jaiprakash Associates Ltd (JAL) through the insolvency process.

The company has invested $9 million in equity into IHOCO BV, its wholly owned subsidiary in the Netherlands. IHOCO BV will utilize this investment to further fund its subsidiary, United Overseas Holding Inc., in the USA, primarily for debt repayment and other operational needs.

Indian heavy vehicle manufacturer Ashok Leyland stated that its electric bus subsidiary, Switch Mobi...