close
This ad will auto close in 10 seconds

Jal

Ultratech-JAL cement Rs 5,400-cr deal fails on lack of regulatory approval

Ultratech-JAL cement Rs 5,400-cr deal fails on lack of regulatory approval

The Rs 5,400-crore deal between India's largest cement maker Ultratech and Jaiprakash Associates (JAL) to acquire the latter's two cement plants has been called off on account of lack of regulatory approvals.

CCI clears UltraTech's purchase of JAL's two cements plants

UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.

JAL starts compensation talks with Boeing over 787

"Japan Airlines has been discussing with Boeing for compensation regarding the 787 grounding," a spokesman said in a statement.