कोशिश गोल्ड - मुक्त
Vedanta-JAL deal:
Financial Express Lucknow
|September 09, 2025
A premature move
-
VEDANTA HAS REPORTEDLY emerged as the highest bidder for Jaiprakash Associates' assets with an offer of around ₹17,000 crore, staggered over five years. The company will first need to secure statutory approvals (CCI, NCLT, etc.), a process that could take 3–6 months. Once cleared, Vedanta is expected to make an upfront payment of ₹3,700–3,800 crore, with the balance spread over the subsequent five years. The move comes as a surprise, given that Jaiprakash Associates' businesses lie outside Vedanta's core portfolio. For now, we are not factoring this development into our estimates pending further clarity, and we maintain our BUY rating with an SoTP-based target price of ₹530.
यह कहानी Financial Express Lucknow के September 09, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Lucknow से और कहानियाँ
Financial Express Lucknow
TN stampede: CBI quizzes TVK chief Vijay for 6 hours
ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY
1 mins
January 13, 2026
Financial Express Lucknow
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Lucknow
UK investigates X over Grok deepfake concerns
UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.
1 min
January 13, 2026
Financial Express Lucknow
Germany pledges €1.24-bn boost for green partnership
INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.
1 min
January 13, 2026
Financial Express Lucknow
Balance sheets don't fully reflect bank risks: Deputy guv
BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.
1 min
January 13, 2026
Financial Express Lucknow
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Lucknow
Retail inflation rises to 1.33% in December
INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.
1 min
January 13, 2026
Financial Express Lucknow
Anup Saha joins Kotak Bank as whole time director
KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.
1 min
January 13, 2026
Financial Express Lucknow
BSE, IFCI stocks surge on NSE IPO expectations
STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.
1 mins
January 13, 2026
Financial Express Lucknow
Battery plant plans back on track: RIL
RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.
1 min
January 13, 2026
Listen
Translate
Change font size