UltraTech on verge of signing Jaiprakash Associates deal
UltraTech Cement is reportedly on the verge of signing a deal with Jaiprakash Associates to acquire the latter’s cement assets in the Indian state of Gujarat. Following months o...
Jaiprakash Associates
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UltraTech poised for Jaiprakash's Gujarat units
UltraTech Cement is said to be in advanced stages of discussions to acquire the Gujarat-based cement units of Jaiprakash Associates, local media have reported. Sources familiar ...
Jaiprakash Associates downgraded, India
Two brokerages have downgraded Jaiprakash Associates Ltd, days after Deutsche Bank also cut its ratings and earnings estimates for the India-based cement producer.
Deutsche Bank downgrades Jaiprakash to “sell”, India
Deutsche Bank downgrades India's Jaiprakash Associates Ltd to "sell" from "hold", due to higher-than-expected debt. The bank says the company's consolidated debt of INR612bn (US...
UltraTech in talks with JP Associates for Gujarat assets, India
UltraTech Cement is reportedly closing in on a deal to acquire the cement assets of Jaiprakash Associates in the state of Gujarat, India, according to local press reports. "The ...
Jaiprakash in new attempt to sell Gujarat assets, India
Jaiprakash Associates is reportedly planning to sell its Gujarat-based cement units within a few weeks in an effort to reduce debt.
Jaiprakash Associates seeks permission for land acquisition
Jaiprakash Associates is seeking permission from the Himachal Pradesh state government to start land acquisition for a new cement plant. Industries Minister Mukesh Agnihotri inf...
CRH – acquisition key to growth
A development spending update released yesterday by CRH shows that growth through vertical integration continued to be a key strategy for the Irish building materials major thro...
Jaiprakash may not meet asset sale target – Kim Eng
Jaiprakash Associates may not meet its target of raising INR50bn via a sale of its plants in Gujarat and Andhra Pradesh states, according to analysis by Asian securities and inv...
Aditya Birla resumes talks with Jaypee over cement assets – report
The Aditya Birla Group has restarted negotiations with Jaikprakash Associate’s to buy out its Jaypee Cement Corp plants in Gujarat and Andhra Pradesh, the Economic Times (ET) of...