Who will be the new owner of JP Associates, the Company drowning in over Rs 570000000000 debt? Adani, Jindal Vedanta, Dalmia emerge among bidders
The company was taken to insolvency proceedings after the conglomerate defaulted on payment of loans. Creditors are claiming a total of a staggering Rs. 57,185 crore to banks and financial institutions.
Who will be the new owner of JP Associates, the Company drowning in over Rs 570000000000 debt? Adani, Jindal Vedanta, Dalmia emerge among bidders…