Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Shares of Vedanta Ltd. surged to a record on Tuesday after a tribunal approved the company’s demerger into five separate units. Anil Agarwal, founder of the Vedanta Group (Handout) A two-member panel of the National Company Law Tribunal in New Delhi gave its nod to break up Vedanta’s business into five separate units, four of […]
Creditors of Jaiprakash Associates Ltd., commonly known as Jaypee Group, have unanimously backed Adani Enterprises Ltd.’s ₹13,500-crore takeover proposal under the insolvency process, preferring it over a higher bid by Vedanta Ltd. Adani Group Chairman Gautam Adani. Vedanta’s bid for Jaypee Group (Jaiprakash Associates) entailed a five-year payment timeline, significantly longer than the 1.5-2 years […]
