कोशिश गोल्ड - मुक्त
Vedanta Beats Adani Group With ₹17,000 Crore Bid To Acquire JAL
Millennium Post Delhi
|Delhi 07 September 2025
The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore
NEW DELHI: Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources.
The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans.
Lenders of JAL conducted a challenge process for the sale of the company under the IBC.
Multiple bidders participated in the process, but in the end, firm bids were placed by only two entities, Adani and Vedanta Group.
यह कहानी Millennium Post Delhi के Delhi 07 September 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
Millennium Post Delhi से और कहानियाँ
Millennium Post Delhi
Union minister Manjhi’s party announces candidates for Bihar polls
Union minister Jitan Ram Manjhi’s Hindustani Awam Morcha on ‘Tuesday announced its candidates for all six seats it has been allocated as an NDA constituent in the Bihar Assembly polls.
1 min
New Delhi 15October2025
Millennium Post Delhi
Tata Trusts backs Chandrasekaran for third term as Tata Sons chief
The development comes at a time when the trustees of Tata Trusts are vertically split over board appointment and governance issues
2 mins
New Delhi 15October2025
Millennium Post Delhi
J'khand: 266 Maoists held, 32 killed, 30 surrendered between Jan & Sep
As many as 266 Maoists have been arrested, 32 killed, and 30 have surrendered before security forces across Jharkhand this year till September end, a senior police officer said on Tuesday.
1 min
New Delhi 15October2025
Millennium Post Delhi
Fatal accidents fall by 2.9%, deaths in road crashes dip by 2.5% till Sept
Delhi has witnessed a marginal but steady decline in road crash deaths and fatal crashes this year, according to the latest data released by the Delhi Traffic Police.
2 mins
New Delhi 15October2025
Millennium Post Delhi
Tech Mahindra Q2 net profit slips 4.44% to ₹1,194.5 crore
IT services company Tech Mahindra on Tuesday reported a 4.44 per cent decline in its September quarter net profit to Rs 1,194.5 crore.
1 min
New Delhi 15October2025
Millennium Post Delhi
Dream debut: LG Electronics’ shares jump over 48%
Shares of LG Electronics India Ltd on ‘Tuesday made a stunning market debut and ended with a premium of over 48 per cent, against the issue price of Rs 1,140.
1 min
New Delhi 15October2025
Millennium Post Delhi
Fractured Frontiers
As Pakistan and Afghanistan exchange deadly blows across the Durand Line, historical grievances, shifting alliances, and proxy battles reignite a volatile chapter in South Asian geopolitics
6 mins
New Delhi 15October2025
Millennium Post Delhi
Delhi-Varanasi bullet train to stop at Noida Airport
Delhi-Varanasi bullet train project will now include a direct underground station at the Noida International Airport (Jewar),significantly enhancing regional and national connectivity.
1 mins
New Delhi 15October2025
Millennium Post Delhi
IMF raises India’s GDP growth forecast to 6.6% for current fiscal
NEW DELHI: International Monetary Fund (IMF) on Tuesday revised upwards India’s GDP growth forecast for the current fiscal to 6.6 per cent compared to its earlier estimate of 6.4 per cent on the back of strong growth, offsetting the impact of US tariffs on Indian shipments.
1 mins
New Delhi 15October2025
Millennium Post Delhi
Police fire tear gas at Brussels protest against austerity measures
Belgian police fired tear gas in an attempt to disperse tens of thousands of people who flooded Brussels on Tuesday to protest Prime Minister Bart de Wever's proposed austerity measures.
1 min
New Delhi 15October2025
Listen
Translate
Change font size