Jaypee Founder Supports Adani In JAL Deal

Jaiprakash Gaur, founder of Jaypee Group, backed Adani Group to take over insolvent Jaiprakash Associates Ltd. He expressed confidence in Gautam Adani’s leadership. The remark follows a claim made by Anil Agarwal, the chairman of rival Vedanta Ltd. Gaur also praised the fair and transparent resolution process by creditors and the Resolution Professional.