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13 hours ago
Duration: 0h 2m 39s
Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates
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.
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Rediff Video Desk
on Fri, 05 Sep 2025 22:41:10 +0530
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Tags: Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates
