The Competition Commission of India (CCI) has approved Dalmia Bharat's proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL) through the insolvency process. This clearance allows Dalmia Cement to submit its resolution plan for JAL, which faces substantial creditor claims. Other major bidders, including Adani Enterprises, are also participating in the insolvency bidding.
- News Source Indiatimes (Click to view full news): CLICK HERE
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