Adani’s new Mumbai airport will see its first commercial flight this year, easing pressure on the 80-year-old terminal https://t.co/URwlg2Zaa2 ...

Core Insights - The Competition Commission of India (CCI) has granted in-principle approval for Jindal Power's acquisition of Jaiprakash Associates Ltd (JAL) amid ongoing insolvency proceedings [1][2] - Other companies, including PNC Infratech, Adani Group, and Dalmia Bharat, have also received approval from the CCI for their proposals to acquire JAL [1][2] Company Overview - Jaiprakash Associates Ltd was admitted into the corporate insolvency resolution process (CIRP) due to a default on loan payments, with creditors claiming ₹57,185 crore [4] - The National Asset Reconstruction Company Ltd (NARCL) is the leading claimant after acquiring stressed JAL loans from a consortium of lenders [4] Assets and Operations - JAL has significant real estate projects, including Jaypee Greens in Greater Noida and Jaypee International Sports City, strategically located near the upcoming Jewar International Airport [5] - The company operates four cement plants in Madhya Pradesh and Uttar Pradesh, although these plants are currently non-operational [6] - JAL also has investments in various subsidiaries, including Jaiprakash Power Ventures Ltd and Yamuna Expressway Tolling Ltd [6]

Gautam Adani’s fortune has soared over the last two trading sessions after India’s markets regulator dismissed parts of a high-profile case against his conglomerate https://t.co/27GKeyUMom ...

Adani Group shares add almost $20 billion as rally extends after SEBI dismissed some of Hindenburg's allegations against the conglomerate. Read for free with your email on what could move markets today https://t.co/3kOiAI5X4J ...

Indian conglomerate Adani Group aims to cut its leverage over the next five years and has no plans to issue bonds in international capital markets until 2027 https://t.co/2mBb76DbrH ...

Two years after Hindenburg’s scathing report, SEBI has dismissed some of the allegations against Gautam Adani's conglomerate.@advait_px breaks it down https://t.co/o1lEbrmBOO https://t.co/S2JoJPtw4Y ...

RT Advait Palepu (@advait_px)https://t.co/SrSYcngjSh"India’s market regulator is still investigating some accusations leveled by US short seller Hindenburg Research against the Adani Group...At least three to four cases are still being examined"W/ @dassaikatv ...

India’s market regulator is still investigating some accusations leveled by US short seller Hindenburg Research against the Adani Group https://t.co/yurJEWTty9 ...

The combined market value of Adani Group companies increased by more than $6 billion after India’s securities markets regulator dismissed some Hindenburg Research allegations https://t.co/rZaULAFbx6 ...

India regulator rejects US firm's fraud claims against Adani Group https://t.co/MoGii7FjAc ...