Tag: Jaypee Group
Anil Agarwal’s Vedanta moves NCLAT against Adani’s bid for Jaypee group’s flagship firm| Business News
Anil Agarwal-led Vedanta Ltd has moved the National Company Law Appellate Tribunal (NCLAT) against the approval of Adani Enterprises Ltd’s ₹14,543 crore bid for bankrupt…
Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra win| Business News
The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The…
ED attaches ₹400-cr assets in probe against Jaypee Group| Business News
NEW DELHI: The Enforcement Directorate (ED) said on Wednesday that it has attached assets worth ₹400 crore as part of its money laundering probe against the Jaypee…
JP Power shares surge 17% as Adani’s bid for Jaypee Group gets lenders’ approval| Business News
Shares of Jaiprakash Power Ventures surged on Wednesday amid reports that Adani Enterprises Ltd. has been chosen to acquire Jaiprakash Associates Ltd. under the insolvency…
Adani Enterprises chosen to acquire Jaypee Group despite offering less than Vedanta| Business News
Creditors of Jaiprakash Associates Ltd., commonly known as Jaypee Group, have unanimously backed Adani Enterprises Ltd.’s ₹13,500-crore takeover proposal under the insolvency process, preferring it…