Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources

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Adani Group has expressed interest in acquiring Jaiprakash Associates Ltd, which is undergoing insolvency. The National Company Law Tribunal has mandated that the acquisition be for the entire firm. JAL, with debts of ₹55,493.43 crore, has seen its loans transferred to the National Asset Reconstruction Company. Bidders include Adani, GMR, and Vedanta.

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Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources

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