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The bid value translates into Jaiprakash Associates’ net present value of ₹12,505 crore.
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 ₹17,000 crore, according to sources.
The bid value translates into Jaiprakash Associates’ net present value of ₹12,505 crore.
JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans.
Lenders of JAL conducted a challenge process for the sale of the company under the IBC.
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The Federal Taxation Office has moved to wind up Brisbane-based creative agency group Media8 Pty Ltd (Media8).
As of 30 April, the ATO has commenced proceedings and is seeking a court order to dissolve Media8, which is managed by company director Brett McCallum.
Media8’s website says, “We’re a group of creators, strategists, designers, entrepreneurs & sports fanatics working to bring ideas to life.”
It also said it has been at the “forefront of technology, talent acquisition, sports administration, and fan engagement,” for five years “with a global presence in Australia, London and plans to expand into the United States”.
Simone McCallum, Brett’s wife, owns all company shares in Media8 via her entity Kennedy Grace…
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ST. LOUIS, Mo. (First Alert 4) – As the amount of student lunch debt in Missouri surpasses $138 million, a St. Peters man wants to alleviate the financial burden from families who may be struggling.
Chris Monroe began making hand-carved wooden swords for his grandchildren a few years ago.
“YouTube is an incredible thing,” he said. “You have to try really hard nowadays to be stupid. There is so much information out there on how to do things.”
As time went on, kids in the neighborhood caught wind of what Monroe was creating in his garage–and demand grew.
In the last three years, he estimates he’s created more than 100 swords.
“I like making them, but I really like teaching the kids history,” he said. “Often, they want…
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By Sydney Price ( September 5, 2025, 7:33 PM EDT) — The former owner of a defunct debt relief provider and the company have filed an appeal to the Seventh Circuit to challenge a ruling ordering them to pay more than $43 million in restitution and penalties to settle claims from the Consumer Financial Protection Bureau that the firm preyed on student loan borrowers….
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By Sydney Price ( September 5, 2025, 7:33 PM EDT) — The former owner of a defunct debt relief provider and the company have filed an appeal to the Seventh Circuit to challenge a ruling ordering them to pay more than $43 million in restitution and penalties to settle claims from the Consumer Financial Protection Bureau that the firm preyed on student loan borrowers….
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
