Adani Enterprises gets lenders’ nod to acquire Jaiprakash Associates
Billionaire businessman Gautam Adani-promoted Adani Enterprises said on Wednesday that the creditors of the bankrupt infrastructure firm Jaiprakash Associates have approved its takeover proposal. The company did not disclose its bid value. Upon takeover, Adani Enterprises will have control over Jaiprakash Associates’ business spanning seven industries that had reported over ₹6,500 crore in revenue and…

