Vedanta has rushed to the Supreme Court seeking a stay on Adani’s takeover of debt-laden Jaiprakash Associates. Anil Agarwal’s group claims it was declared the highest bidder in the insolvency process and even received written confirmation, but lenders suddenly picked Adani Enterprises for its faster cash payout promise.
Adani power, Jindal power , Vedanta Group , Orissa Metaliks , and VFSI Holdings Pte are competing to buy the sufferings of Sinnar
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