India's corporate law authority on Tuesday approved the Mumbai-based Suraksha group's bid to buy the bankrupt building construction company Jaypee Infratech. The acquisition comes nearly six years after the debt-ridden Jaypee Infratech entered the insolvency process.

India's 20,000 homebuyers hail 'Holi gift' after acquisition of bankrupt real estate company

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India's 20,000 homebuyers hail 'Holi gift' after acquisition of bankrupt real estate company