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CBI flags ₹73,000 cr fraud in Anil Ambani Group probe; ED flags IBC issues

April 6, 2026
1 source
Business Standard
CBI flags ₹73,000 cr fraud in Anil Ambani Group probe; ED flags IBC issues

Story Summary

Vedanta announced to the Supreme Court its revised bid for the bankrupt Jet Airways (JAL) surpasses the offer made by the Adani Group. The company aims to acquire the airline, with the revised bid reportedly being higher than Adani's proposal. This development signals continued competition for the ownership of the distressed carrier.

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