Vindhya Telelinks, Universal Cables and Birla Cable shareholders go against family's wishes.
Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha.
The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The OrcaPod is a prototype of what comes after boats, cars, trains and planes. It's India's foray into what Tesla founder Elon Musk calls the 'fifth form of transportation' and India's only entry at the ongoing Hyperloop competition by Elon Musk's SpaceX.