NCLT initiates insolvency proceedings against Bhilai Jaypee Cement
The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Bhilai Jaypee Cement, a subsidiary of debt-laden Jaiprakash Associates Ltd,...
Bhilai Jaypee Cement
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Jaiprakash Associates to sell stake in Bhilai Jaypee cement
Jaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14,500m (US$226.6m), while raising another up to INR20,000...