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Indian billionaire challenges Adani’s winning bid for $4 bln in assets, F1 track

Agarwal’s Vedanta has mounted a legal challenge over a creditor committee’s decision to award the assets of Jaiprakash Associates to Adani

Reuters
Reuters

31 March, 2026

Indian billionaire challenges Adani’s winning bid for $4 bln in assets, F1 track

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Article Summary
Anil Agarwal's Vedanta is contesting Gautam Adani's winning bid for Jaiprakash Associates' assets, including India's Formula One track, in the Supreme Court. Vedanta argues its higher bid was unfairly dismissed. The dispute centres on a $4 billion portfolio of real estate, power, and cement plants. Adani aims to revive F1 in India, whilst Vedanta seeks to pause the acquisition.

Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani’s winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4bn pool of prized assets that includes the country’s only Formula One track.

Agarwal’s Vedanta has mounted a legal challenge over a creditor committee’s decision to award the assets of Jaiprakash Associates to Adani, a portfolio that includes homes, power, cement plants and the Buddh International Circuit track near New Delhi.

Read more-India’s Adani Enterprises under US probe over possible Iran-linked transactions

Vedanta has argued its $1.8bn bid for the assets was better, but the committee, and an Indian tribunal, decided in Adani’s favour by saying its $1.5bn bid was superior because it had higher upfront payments.

Vedanta is now asking India’s top court to pause the acquisition and hear its concerns, Supreme Court listing records seen by Reuters on Tuesday showed.

Vedanta and Adani did not respond to requests for comment.

A win could give a major boost to Adani’s real-estate expansion, adding to its other key projects in Mumbai, which include redeveloping one of Asia’s largest slums, Dharavi.

Trying to restart F1 in India

F1 races have been stalled in India for 13 years due to regulatory and taxation disputes, forcing organisers to discontinue the programme. Adani’s son, Karan Adani, said at a public event last month he is “very personally engaged” to bring back F1 to India.

Vedanta’s Agarwal on Sunday expressed disappointment about how the Jaiprakash Associates sale process had been handled, writing on X: “We will place the facts in the right way.”

Vedanta’s business interests stretch across aluminium, power and steel.

AI replicates key particle physics discoveries, say UAE researchers

Among the findings, the AI rediscovered core symmetries such as baryon number, isospin and charm, as well as the Eightfold Way, which groups particles into structured families

Rajiv Pillai
Rajiv Pillai

31 March, 2026

AI replicates key particle physics discoveries, say UAE researchers
Image: Supplied

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Article Summary
NYU Abu Dhabi researchers have shown AI can independently rediscover key particle physics principles. Trained on historical data, the system identified fundamental symmetries and patterns, mirroring decades of physics research leading to the Standard Model. This demonstrates AI's potential to accelerate scientific discovery by uncovering hidden physical laws and phenomena, potentially identifying new particles.

NYU Abu Dhabi researchers have demonstrated that artificial intelligence can independently rediscover key principles of particle physics, highlighting its potential to accelerate scientific discovery.

The study, published in the Journal of High Energy Physics (JHEP), shows that relatively simple AI models can identify patterns that took physicists decades to uncover during the development of the Standard Model — the theory describing the fundamental particles and forces of nature.

The research team — Aya Abdelhaq, Pellegrino Piantadosi and Fernando Quevedo — trained the AI system on historical experimental data from particle discoveries in the 1950s and 1960s. Without prior knowledge of the mathematical frameworks used by physicists, the system was able to identify underlying structures governing particle behaviour.

Among the findings, the AI rediscovered core symmetries such as baryon number, isospin and charm, as well as the Eightfold Way, which groups particles into structured families. It also reproduced Regge trajectories, which describe relationships between a particle’s mass and spin.

The results mirror decades of theoretical and experimental work that led to the development of the Standard Model, including breakthroughs such as the discovery of quarks — the fundamental building blocks of protons and neutrons.

“This study shows that AI can uncover deep physical laws directly from data, opening the door to discovering new particles and patterns that humans may have missed,” said Pellegrino Piantadosi, NYU Abu Dhabi postdoctoral associate and one of the paper’s authors.

The findings suggest that AI could play a growing role in scientific research by identifying hidden patterns and accelerating the discovery of new physical phenomena.

Read: UAE researchers uncover new solar waves deep inside the Sun

Dubai RTA launches autonomous taxis: Here’s where you can ride them

The initiative is being implemented in partnership with Apollo Go and WeRide (Nasdaq: WRD), both globally recognised leaders in autonomous driving technologies

Gulf Business
Gulf Business

31 March, 2026

Dubai RTA launches autonomous taxis: Here’s where you can ride them

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Dubai's RTA has launched autonomous taxi services in Umm Suqeim and Jumeirah, partnering with Apollo Go and WeRide. Residents can book rides via Uber or the Apollo Go app. Tawasul Transport manages the WeRide fleet, while Dubai Taxi Company supports Apollo Go.

Dubai’s Roads and Transport Authority (RTA) has officially launched the commercial operations of autonomous taxis in Umm Suqeim and Jumeirah, marking a major milestone in the emirate’s push toward smart mobility.

The initiative is being implemented in partnership with Apollo Go and WeRide (Nasdaq: WRD), both globally recognised leaders in autonomous driving technologies, a WAM report said.

Read more-UAE begins mapping air corridors for air taxis, cargo drones

WeRide vehicles are now accessible to the public via the Uber app, while Tawasul Transport oversees fleet management and daily operations. Meanwhile, Apollo Go, a subsidiary of Baidu, is offering its services through the Apollo Go app, working alongside Dubai Taxi Company to support local operations.

Smart mobility vision in action

The rollout reflects Dubai’s broader strategy to adopt cutting-edge transport solutions and translate ambitious mobility goals into tangible, real-world initiatives.

Officials say the move strengthens Dubai’s position as a global hub for autonomous driving innovation, supported by advanced infrastructure, a clear strategic roadmap, and highly developed smart systems.

“This milestone reflects our commitment to shaping the future of mobility,” the RTA said in a statement, underscoring the importance of innovation in public transport.

The initiative also aligns with the Dubai Self-Driving Transport Strategy, which aims to transform a significant portion of journeys in the city into autonomous trips in the coming years.

Residents and visitors in Umm Suqeim and Jumeirah, two of Dubai’s most vibrant coastal neighbourhoods, can now book autonomous rides seamlessly through either the Uber app or the Apollo Go app.

The first phase of deployment includes 100 autonomous taxis integrated into Dubai’s transport network. Authorities have confirmed that the fleet will gradually expand in response to rising demand and continued technological advancements.

High safety standards and advanced technology

Prior to the launch, the autonomous vehicles underwent extensive operational trials across designated roads in Dubai. These tests were designed to evaluate system performance and ensure readiness under real traffic conditions, adhering to the highest safety standards.

The vehicles operate using an advanced ecosystem powered by artificial intelligence, high-definition mapping, and deep learning algorithms. This enables real-time decision-making and smooth navigation through complex urban environments.

Autonomous taxis are capable of interacting safely with dynamic traffic scenarios, including intersections, traffic signals, pedestrians, and surrounding vehicles — all while fully complying with road regulations.

According to officials, the system is backed by significant global experience, with fleets collectively logging over 150 million kilometres of safe driving and completing more than 10 million autonomous trips worldwide.

“This proven track record has been instrumental in developing scalable and reliable solutions for commercial deployment,” the statement added.

UAE fuel prices rise in April: Petrol and diesel rates jump sharply

The UAE adjusts fuel prices monthly in line with international oil benchmarks

Nida Sohail
Nida Sohail

31 March, 2026

UAE fuel prices rise in April: Petrol and diesel rates jump sharply

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UAE fuel prices are increasing sharply in April 2026, affecting all petrol and diesel categories. Super 98 will cost Dhs3.39 per litre, Special 95 Dhs3.28, and E-Plus 91 Dhs3.20. Diesel sees the biggest rise, to Dhs4.69. These significant month-on-month increases reflect pressures in global energy markets, with domestic prices tracking international benchmarks.

Fuel prices in the UAE are set to rise significantly in April 2026, with sharp increases across all petrol categories and diesel.

According to figures reported by Al Bayan, the revised rates will come into effect from April 1.

  • Super 98 petrol will increase to Dhs3.39 per litre, up from Dhs2.59 in March.
  • Special 95 petrol will rise to Dhs3.28 per litre, compared to Dhs2.48 previously.
  • E-Plus 91 petrol will cost Dhs3.20 per litre, up from Dhs2.40.
  • Diesel has recorded the steepest jump, climbing to Dhs4.69 per litre from Dhs2.72 in March.

The increases mark a sharp month-on-month rise in fuel costs, reflecting heightened pressures in global energy markets.

The UAE adjusts fuel prices monthly in line with international oil benchmarks, meaning domestic rates typically track global supply and demand dynamics.

Celestyal cancels April sailings citing Middle East situation

The cruise line continues to monitor the situation closely and will resume movement of its vessels when conditions allow

Gulf Business
Gulf Business

31 March, 2026

Celestyal cancels April sailings citing Middle East situation
Image: Supplied

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Celestyal has cancelled all April 2026 Arabian Gulf cruises due to regional instability and is repositioning its fleet to Athens. The vessels are operational, with passengers safely disembarked. Affected customers will receive refunds or future cruise credit. Operations are expected to resume in May with Greek Islands itineraries, pending safety assessments.

Celestyal has confirmed the cancellation of all April 2026 departures as its ships wait to reposition to Athens, Greece.

The line’s fleet is currently positioned in the Arabian Gulf, with Celestyal Discovery in Dubai, UAE, and Celestyal Journey in Doha, Qatar. All guests and non-operational crew have been disembarked, while both vessels remain fully operational; their departure from the region will take place in accordance with safety guidance from the relevant authorities.

Due to the ongoing situation in the Middle East, all sailings scheduled for April 2026 have been cancelled.

The next planned departures are:

  • Celestyal Discovery – May 1, 2026 (3-night Iconic Greek Islands)
  • Celestyal Journey – May 2, 2026 (7-night Heavenly Greece, Italy and Croatia)

Lee Haslett, chief commercial officer at Celestyal, said: “Our priority remains the safety and confidence of our guests, crew and partners. While we know this will be disappointing, taking this decision now provides greater clarity and flexibility for those affected.

“Our teams are working closely with guests and travel partners to support rebooking options and ensure a smooth transition, and we remain focused on returning to service in the Mediterranean as soon as it is safe to do so.”

All impacted guests have been offered a full refund or a future cruise credit, and will be supported by Celestyal’s teams, who will provide rebooking options and assistance.

The cruise line continues to monitor the situation closely and will resume movement of its vessels when conditions allow. Preparations are already under way for the return to service, with sailings set to resume from May 2026.

Drone targets Thuraya Telecommunications building in Sharjah, authorities confirm no casualties

The statement also included a public advisory urging residents and businesses not to circulate unverified information

Rajiv Pillai
Rajiv Pillai

31 March, 2026

Drone targets Thuraya Telecommunications building in Sharjah, authorities confirm no casualties
Image: Getty Images/Image for illustrative purpose

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Article Summary
Sharjah authorities reported a drone strike on a Thuraya Telecommunications facility in the Central Region, originating from Iran. No casualties occurred. Officials are managing the situation and will provide updates. The public is urged to avoid spreading unverified information and to rely on official sources for accurate news, given regional sensitivities.

Authorities in Sharjah confirmed on Monday that a drone incident targeting a telecommunications facility in the emirate’s Central Region caused no casualties, as officials moved to contain the situation and urged the public to rely on verified information.

In a statement posted on X in Arabic by the Sharjah Government Media Bureau—translated into English—the authorities said the administrative building of Thuraya Telecommunications Company had been targeted by a drone originating from Iran.

Read more: Drone attack on Kuwaiti tanker off Dubai brought under control, KPC says

“Competent authorities in the Emirate of Sharjah are dealing today, Monday, March 30, with an incident resulting from the targeting of the administrative building of Thuraya Telecommunications Company in the Central Region with a drone coming from Iran, and no injuries were recorded,” the statement said.

View post on X

Officials added that response teams are actively managing the situation and that further updates will be provided as more information becomes available.

The statement also included a public advisory urging residents and businesses not to circulate unverified information. Authorities stressed the importance of relying on official channels for updates, amid heightened regional sensitivities and the potential for misinformation during fast-moving developments.

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