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Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
NARCL retains guarantees of Jaypee ex-promoters to boost recovery of duesNARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairma...
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaulAdani Power is set to acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore. This move will boost Adani Power's g...
Adani’s ₹5,700 crore Jaypee takeover gets monitoring panel to oversee execution of key dealsAdani Enterprises is embarking on a transformative journey to breathe new life into Jaiprakash Associates. With assets valued at around ₹5,...
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution planAdani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This la...
Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore totalAdani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution...
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...
UltraTech crosses 200 million tonne capacity in IndiaUltraTech Cement has achieved a significant milestone, crossing 200 million tonnes in production capacity in India. This expansion solidifi...
F1 returning to India? Here's the latest update from Sports MinisterIndia is actively working to bring Formula 1 back by 2027, with the Sports Minister confident about a race at the Buddh International Circu...
Sports Minister Mandaviya pushing for Formula 1 return to India in 2027; F1 sources say unlikelyIndia is pushing for a Formula 1 racing event in 2027, as confirmed by Sports Minister Mansukh Mandaviya. The prestigious Buddh Internation...
Vedanta questions metrics behind Adani’s winning bid for JALVedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significan...
Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash GaurJaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...
After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...