Who will be new owner of Rs 55000 crore debt-laden Jaiprakash Associates? Gautam Adani, Anil Agarwal’s Vedanta, Dalmia among bidders

Once among India’s leading infrastructure companies, Jaiprakash Associates slipped into insolvency due to heavy debt burdens and delays in project execution. The company is currently undergoing proceedings under the Insolvency and Bankruptcy Code.