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Jaiprakash Gaur’s lifetime of building has ended in a legacy of bankruptcy
MINT· 2025-11-29 09:30
At 94, Jaiprakash Gaur should have been sitting atop the hill of Indian enterprise, having built a multi-billion-dollar conglomerate from scratch. Instead, he now watches his empire in ruins, his reputation in tatters. The man once celebrated as a builder could only stand by as the National Company Law Tribunal (NCLT) admitted his flagship, Jaiprakash Associates Ltd, into insolvency. Weighed down by his group’s staggering ₹57,000 crore debt, accumulated over decades of ambition that produced expressways, d ...