In Short : The Competition Commission of India (CCI) has approved Vedanta Limited’s ₹17,000 crore acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code. Vedanta, the highest bidder, will pay ₹3,800 crore upfront with the remainder in installments over five years. The acquisition expands Vedanta into cement and infrastructure, enabling operational synergies […]