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September 13, 2025 IST 05:29:58

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1 week ago

Duration: 0h 2m 39s

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

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 Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.

Uploaded by: Rediff Video Desk on Fri, 05 Sep 2025 22:41:10 +0530

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Tags: Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

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