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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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There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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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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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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Facebook App: Open links in External Browser
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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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