"jaiprakash-associates-limited"

National Company Law Tribunal’s Allahabad bench had approved Adani Enterprises' Rs 14,535 crore bid to acquire JAL assets, which was challenged by Vedanta with a Rs 17,926 crore offer

Sources said lenders preferred Adani's plan primarily because it offered a higher upfront payment compared to competing proposals

The Srisailam Left Bank Canal Tunnel project, intended to bring Krishna River water to Mahabubnagar and Nalgonda, remains stalled following a fatal roof collapse and the insolvency of contractor Jaiprakash Associates Ltd. Despite partial progress, a critical nine-kilometre stretch remains incomplete.