UP govt to constitute committee to probe into land allotment to Jaypee Group

UP govt to constitute committee to probe into land allotment to Jaypee Group

The Uttar Pradesh Government will constitute a committee to probe into the allotment of 25,000 acres of land to set up a cement factory in Sonbhadra district to the Jaypee Group.

Jaypee initiates steps to disinvest assets worth Rs 22,000 cr

The shares of Jaiprakash Associates closed at Rs 13.05 a piece on BSE, down 20.67 percent.

CCI rejects cartelisation case against 11 cement makers in AP

Fair trade regulator CCI has dismissed a complaint alleging that 11 cement makers, including Ultratech and Jaypee, indulged in pricing cartelisation in Andhra Pradesh.

Jaypee-RPower exclusivity pact likely to be extended

The exclusivity period of the pact for Reliance Power's proposed acquisition of Jaiprakash Associates' hydro power portfolio in a Rs 12,000 crore deal is likely to be extended by 60 days.

Jaypee Infratech Apr-Jun quarter net profit drops 43% at Rs 45crore

Jaypee Infratech Ltd on Friday reported a 43 percent drop in standalone net profit at Rs 45.96 crore for the quarter ended June on the back of lower income.

Jaypee to sell some power, cement assets to cut debt: Sources

Diversified business conglomerate Jaypee Group is likely to sell some of its power and cement assets in order to pare debt, according to sources.

Ultratech to buy majority stake in Jaypee's Gujarat plant

"Talks are on at advanced stages and the deal is likely to happen in next 10-15 days. Ultratech will buy Jaypee Cement Corporation's 51 percent stake in Gujarat plant, which has an annual capacity of five million tonnes" a source said.

Ecclestone confirms no Indian Grand Prix in 2014

Both Formula 1 boss Bernie Ecclestone and organisers of the Indian Grand Prix Jaypee Group on Tuesday confirmed that the 2014 India round will have to be dropped to tweak the racing calendar and it will now be held in the first half of 2015.

Committed to Indian Grand Prix till 2015: Jaypee

Jaypee Group, promoters of the Indian Grand Prix, Monday said they are committed to the race till 2015 even as Formula One boss Bernie Ecclestone was not keen on having the event next year.

Hrithik Roshan Jaypee`s choice for waving the flag

Bollywood actor Hrithik Roshan is the star the Jaypee Group, the organisers of the Formula One Indian Grand Prix, have chosen to wave the chequered flag Sunday while Sachin Tendulkar, who did the honours last year, will not be there to watch the race.

Irish Co to pay Rs 4.2K cr for 51% stake in Jaypee cement unit

The Group is selling its majority stake in Gujarat plant to retire debt. The Group has a total debt of about Rs 40,000 crore on its books.

Jaypee Infratech Q1 net profit down 11.71% to Rs 209.94 cr

The Jaypee Group, which is developing 165 km long Yamuna Expressway project connecting Noida and Agra, had reported a net profit of Rs 237.78 crore during the corresponding quarter of the previous fiscal.

Jaypee group plans to dilute stake in cement company

Jaypee Group on Friday said it plans to raise funds by diluting "minority" stake in Jaypee Cement Corp to a private equity firm for expansion and retiring debt.

Jaypee group to invest around Rs 6,000 cr for cement plant

Vadodara: Industrial giant Jaypee group
has plans to invest around Rs 6,000 crore by 2012 in Gujarat,
a top company official said here today.