27
Aug
#AdaniGroup #JaiprakashAssociates #CCIApproval #InfrastructureIndia #RealEstate #CementSector #CorporateInsolvency #IBC #AdaniEnterprises #IndianEconomy New Delhi: In a significant development in India’s infrastructure and real estate landscape, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by entities of the Adani Group, paving the way for one of the largest transactions in the sector this year. The deal, which could involve up to 100% shareholding in JAL, underscores Adani’s aggressive expansion strategy across core infrastructure, real estate, and allied businesses. Details of the Transaction The proposed combination involves Adani Enterprises Limited (AEL) — the flagship of the…