
Mining giant Vedanta has emerged as the winning bidder for Jaiprakash Associates (JAL), acquiring the debt-laden company for ₹17,000 crore…
Multiple companies participated in the bidding process for JAL, and Vedanta and Adani Group were the only two companies to…
Adani Group has submitted an unconditional Rs 12,600 crore bid for Jaiprakash Associates under the insolvency process, while Dalmia Bharat’s…
Jaiprakash Associates has received five bids along with earnest money for the acquisition of the company in its entirety. Here…
The company said it has been taking tangible steps to reduce the borrowings.
The deal will help consolidate the Adani Group’s sudden dominance in the cement sector, which started after it bought Ambuja…
A Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for…
Shares of Jaiprakash Associates surged as much as 17.67 per cent on Friday after the company announced part sale of…
Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900…
With the Union Cabinet clearing a proposal to amend the MMDR Act to allow transfer of captive mining leases not…
Given the spate of cement deals that have fallen by the wayside over the past few months – Aditya Birla’s…
Aditya Birla Group firm UltraTech on Sunday announced acquisition of debt-ridden JP Group’s cement plants for Rs 16,500 crore, making…
Infrastructure stocks on Thursday surged in the range 0.54 per cent to 11.71 per cent after the government allowed developers…
Jaiprakash Associates’ UP cement plant latest in sales series by debt-laden group
UltraTech Cement will likely acquire Jaiprakash Associates’s (JAL) 2.2 million tonne per annum (mtpa) cement units in Bhilai…
Shares of Jaiprakash Associates (JAL) today zoomed 9 per cent after Aditya Birla Group firm Ultratech…
Care downgraded Jaiprakash Associates’ long-term bank facilities by three notches to Care BBB-, short-term bank facilities by one notch to…