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Adani: TAQA looks to bet big on Adani's power business

TAQA, among the largest integrated utilities in Europe, West Asia and Africa and also the second largest stock on Abu Dhabi Securities Exchange (ADX), is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity, said the sources mentioned above. However, both sides believe there is maximum synergy between TAQA and Adani Energy Solutions, formerly Adani Transmission, to forge a strategic alliance and work together on projects in North Africa and West Asia.
Madhya Pradesh Tamil Nadu Saudi Arabia Uttar Pradesh United Kingdom Himachal Pradesh

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Jaiprakash Associates defaults on Rs 4,044-crore loans, Real Estate News, ET RealEstate

Jaiprakash Associates: The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).
Uttar Pradesh Aditya Birla National Company Law Appellate Tribunal Jaiprakash Associates Ltd National Company Law Tribunal Dalmia Bharat Ltd

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