Gautam Adani, Anil Agarwal’s Vedanta, Baba Ramdev’s Patanjali in race of buying debt-ridden firm, its name is…, business is…

Home Business Gautam Adani, Anil Agarwal’s Vedanta, Baba Ramdev’s Patanjali in race of buying debt-ridden firm, its name is…, business is… JAL was admitted into the Corporate Insolvency Resolution Process (CIRP) through the National Company Law Tribunal, Allahabad Bench, order dated June 3, 2024. Gautam Adani’s group, Anil Agarwal’s Vedanta Group, and yoga guru Baba…

Adani, Patanjali among 26 firms in race to acquire Jaiprakash Associates

New Delhi, April 7: Billionaire Gautam Adani’s group and FMCG major Patanjali Ayurveda are among 26 companies that have shown interest in acquiring debt-laden Jaiprakash Associates Limited (JAL), which is currently undergoing insolvency proceedings. Jaiprakash Associates, a key player in sectors like real estate, cement manufacturing, hospitality, and engineering & construction, was admitted into the…