Adani submits unconditional bid for Jaiprakash Associates

Adani Group has placed an unconditional bid of ₹12,600 crore for Jaiprakash Associates amidst its insolvency resolution. Other contenders like Dalmia Bharat, Vedanta, and Jindal Power have submitted bids contingent on the resolution of a land dispute. The committee of creditors has urged all bidders to revise their financial offers for the Jaypee Group flagship firm.

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