Homebuyers funds siphoning: Supreme Court examines a potential ₹14,559 crore diversion in Noida residential projects, demanding replies from key authorities.

Dalmia Bharat acquires Jaiprakash Associates cement assets for ₹2,850 crore, scaling capacity to 54.7 MTPA to enhance market reach and reduce volatility.

Adani Group secures the ₹14,535 crore bid for Jaiprakash Associates after the NCLAT rejected Vedanta’s challenge, clearing the path for acquisition in 2026.

The National Company Law Tribunal has sanctioned Adani Enterprises' substantial INR 14,535 crore resolution plan for the beleaguered infrastructure entity, Jaiprakash Associates Ltd (JAL). This move consolidates significant assets spanning real estate, cement, and hospitality for the group.

According to insiders, the Adani Group is considering buying Penna Cement, Saurashtra Cement, Jaiprakash Associates' cement business, and ABG Shipyard-owned Vadraj Cement.