Adani group the highest bidder for Jaiprakash Associates
The Adani group has emerged as the highest bidder in the race to acquire engineering and construction firm Jaiprakash Associates ( Jaypee group ), which is currently undergoing ...
Jaypee Group
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Dalmia Bharat to acquire Jaiprakash Associates Ltd
Following CemNet's Jaiprakash Associates Ltd news story on Monday , Dalmia Bharat Cement has announced the acquisition of the cement assets of Jaypee Group 's flagship company J...
Jaiprakash Associates convenes divestment meeting
Jaiprakash Associates ( Jaypee Group ) has informed that a board meeting has been convened to apprise the board of the recommendations of the audit committee and the progress on...
UltraTech Cement stalls on plant purchase
UltraTech Cement has reportedly done a U-turn on its agreement to purchase a cement plant from Jaiprakash Associates. The 3Mta plant formed part of UltraTech's acquisition of si...
Orient Cement terminates agreement with Jaypee Group firms
India’s Orient Cement has terminated the agreement to acquire two assets, Bhilai Jaypee Cement Ltd and the Nigrie cement grinding unit, from Jaypee Group firms for a total inves...
UltraTech Cement
Early March saw Jaiprakesh Associates, part of the Jaypee Group, get the go-ahead from the National Company Law Tribunal (NCLT) to transfer its cement plants to UltraTech cement...
UltraTech Cement
UltraTech has at last agreed terms with Jaypee Group for the acquisition of Jaypee’s cement interests. UltraTech is paying some US$2400m for the acquisition of 17.2Mta of cement...
India: UltraTech concludes Jaypee deal
UltraTech Cement has struck a deal to obtain the cement assets of Jaypee Group with a last-minute increase in acquisition price on Monday.
India: Jaypee Group debts threaten cement unit sale
Creditors of Indian conglomerate Jaypee Group have invoked debt restructuring provisions that allow them to convert loans into equity, turning them into the firm’s majority shar...
India: Jaypee Group still needs to reduce its debt level
For the promoters of Jaypee group, the aggressive expansion during the last decade has cost them dearly. The Delhi-based group had to sell profitable assets to remain afloat eve...