Tag: Jaypee Group

The immovable assets were attached under the Prevention of Money Laundering Act (PMLA) (Facebook/tarunpaleo)
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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…

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Jaiprakash Power Ventures is part of the Jaypee Group led by Manoj Gaur. (HT)
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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…

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Adani Group Chairman Gautam Adani. Vedanta's bid for Jaypee Group (Jaiprakash Associates) entailed a five-year payment timeline, significantly longer than the 1.5-2 years proposed by Adani Enterprises. (Bloomberg)
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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…

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