Intentar ORO - Gratis
Adani submits ₹15k crore plan for JAL
Mint Mumbai
|December 09, 2025
Billionaire Gautam Adani-promoted Adani Enterprises Ltd on Monday submitted its resolution plan of over ₹15,000 crore for bankrupt Jaiprakash Associates Ltd (JAL) before the Allahabad Bench of the National Company Law Tribunal (NCLT), seeking final approval under the Insolvency and Bankruptcy Code (IBC).
The CoC had approved Adani's plan in November.
(REUTERS)
The plan was placed before the bench by resolution professional Bhuvan Madan, following its approval by the Committee of Creditors (CoC) in November. The tribunal took the plan on record and is expected to resume hearings in January 2026 for further adjudication and directions on implementation.
The proposal had got about 93% votes in favour from financial creditors during an electronic voting process that concluded on 18 November.
Esta historia es de la edición December 09, 2025 de Mint Mumbai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Mumbai
Mint Mumbai
THE DECADE THAT CHANGED HOW INDIA PAYS
A study across two Indian states offers a view of how Indians are experiencing UPI
8 mins
December 12, 2025
Mint Mumbai
The woman who walked away with Aakash shares
UAE businesswoman named in a Delaware case against Byju Raveendran and his flagship business has stepped in his place, subscribing to a ₹250-crore rights issue of associate company Aakash Educational Services Ltd (AESL).
5 mins
December 12, 2025
Mint Mumbai
Railways eyes ₹1.5 tn new corridors for cargo boost
Explores three new dedicated freight networks in east, south and central India
3 mins
December 12, 2025
Mint Mumbai
Fed’s fractured vote signals trouble ahead for future rate cuts
Jerome Powell pushed through a rate cut Wednesday over the broadest reservations of his nearly eight-year tenure, and in doing so, implicitly delivered a pointed message to President Trump and his own successor:
5 mins
December 12, 2025
Mint Mumbai
How did China amass its $1 tn trade surplus?
Despite steep US tariffs, China's exports have kept growing. In the first Il months of 2025, its goods trade surplus topped $1 trillion, a level not seen before. Mint explains how Beijing managed this record-breaking run, and what it means for India and the rest of the world.
2 mins
December 12, 2025
Mint Mumbai
DATA RECAP: THE WEEK IN CHARTS
This week Amazon pledged to pour billions into India, while fight disruptions at IndiGo led to regulatory interventions and a potential revenue hit.
2 mins
December 12, 2025
Mint Mumbai
Hostility premium
A hostile bid for a company may sound ominous, but it's usually a scare only for its management.
1 min
December 12, 2025
Mint Mumbai
Regulators, bankers to chart finance map at Mint summit
The chief of India’s market regulator and the deputy governor of the country’s central bank will headline the 18th edition of the Mint BFSI Summit in Mumbai today.
3 mins
December 12, 2025
Mint Mumbai
With a $35 bn push, Amazon puts e-comm rivals on notice
Funds will support e-commerce, Amazon Web Services, Prime Video, MX Player and devices
2 mins
December 12, 2025
Mint Mumbai
Mexican tariff wave to slam $2 bn auto exports from India
India Inc. faces another external shock to its automotive export engine, with Mexico imposing steep tariffs of up to 50% on passenger vehicles, two-wheelers and auto components from several Asian nations, including India.
3 mins
December 12, 2025
Listen
Translate
Change font size