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CCI Clears Adani's Bid for Jaiprakash Associates; Nod Also for PSA India, Multiples PE Deals
The Statesman Bhubaneswar
|August 28, 2025
The Competition Commission of India (CCI) has given its green signal to three significant transactions, including the proposed acquisition of Jaiprakash Associates Ltd (JAL) by the Adani Group, which is being seen as a landmark insolvency-driven takeover.
CCI has approved the acquisition of up to 100% shareholding of JAL by Adani Enterprises Ltd (AEL), Adani Infrastructure and Developers Pvt Ltd (AIDPL), or any other Adani Group entity. JAL, a diversified infrastructure conglomerate with businesses spanning engineering & construction, cement, real estate, hospitality, power, fertilizers, and sports, is currently under a corporate insolvency resolution process before the NCLT, Allahabad Bench.
Esta historia es de la edición August 28, 2025 de The Statesman Bhubaneswar.
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MÁS HISTORIAS DE The Statesman Bhubaneswar
The Statesman Bhubaneswar
Oppn terms Tewary Commission report as ‘politically motivated’
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The Statesman Bhubaneswar
UP and Japan explore deeper collaboration in pharmaceutical manufacturing
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The Statesman Bhubaneswar
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5 mins
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The Statesman Bhubaneswar
It sucks, but I’m proud: Sophie Devine prepares for ODI swansong after WC heartbreak
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4 mins
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The Statesman Bhubaneswar
We are very relieved: Smriti Mandhana after India sealed CWC semis berth
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2 mins
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The Statesman Bhubaneswar
ED files 4th chargesheet in Jharkhand RWD case
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1 min
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The Statesman Bhubaneswar
Sambhaltoemergeas Uttar Pradesh’s new hubof religious tourismwith ancient sites getting makeover
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1 mins
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The Statesman Bhubaneswar
PM-SHRI enrolment creates rift within ruling LDF in Kerala
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1 min
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The Statesman Bhubaneswar
Wangchuk case: Board meets in Jodhpur jail
The members of the Advisory Board on Friday held a three-hour hearing at Jodhpur Central Jail in Rajasthan to review the detention of environmental activist Sonam Wangchuk under the National Security Act (NSA).
1 min
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The Statesman Bhubaneswar
Revision of electoral rolls in Tamil Nadu to commence in a week: EC to Madras HC
Even as the DMK government has opposed the Special Intensive Revision of electoral rolls in Tamil Nadu, the Election Commission on Friday told the Madras High Court that the exercise would commence in the state in a week.
1 min
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