Budget Countdown: Industry & Economy View
Feb 01, 2017
Acquisition Only at Right Price: JK Lakshmi Cement
Dec 26, 2014
On December 10, 2016 20:10 (IST)
Total income from operations of JP Associates declined by about 44 per cent to Rs 1,419.86 crore in the reported quarter from Rs 2,540.8 crore a year ago.
On October 21, 2016 14:46 (IST)
Earlier this year, the Aditya Birla Group firm announced acquisition of Jaiprakash Associates' cement plants with a total capacity of 21.1 million tonnes per annum at an enterprise value of Rs 16,189 crore.
On October 06, 2016 23:16 (IST)
Orient Cement said it will acquire Jaiprakash Associates' 74 per cent stake in Bhilai Jaypee Cement Ltd (BJCL) for an enterprise value of Rs 1,450 crore.
On July 20, 2016 11:12 (IST)
Aditya Birla Group-controlled UltraTech Cement said its capacity will increase to 91.1 miilion tones per annum (MTPA) by the current fiscal-end, following aquisition of Jaiprakash Associates' cement plants.
On July 05, 2016 10:52 (IST)
US-based investment banking firm Jefferies said the decision of Jaiprakash Associates to sell off its cement plants to Ultratech will be beneficial to ICICI Bank.
On July 05, 2016 15:50 (IST)
Sensex and Nifty edged lower in opening deals after a six-day stellar rally on the back of profit-booking amid weak Asian markets.
On April 12, 2016 15:31 (IST)
Infrastructure firm JP Associates has pulled out of a project to set up an electronic chip plant that entailed investment of about Rs 34,000 crore.
On April 01, 2016 16:28 (IST)
Shares of Jaiprakash Associates (J P Associates) rallied as much as 16 per cent to hit intraday high of Rs 8.87 after UltraTech Cement agreed to buy Jaiprakash Associates' cement plants for Rs 15,900 crore including debt.
On December 28, 2015 10:38 (IST)
Shares of Jaiprakash Associates gained as much as 2.70 per cent to touch Rs 11.77 on Monday after Economic Times reported that the infrastructure company is planning to sell its cement assets.
On October 29, 2015 22:15 (IST)
Jaiprakash Associates on Thursday said the Competition Commission of India (CCI) has found that the company is not enjoying a dominant position in the real estate market of Noida and Greater Noida.
On October 28, 2015 22:57 (IST)
By a majority order, the Competition Commission of India has dismissed charges of dominant market position abuse against Jaiprakash Associates in the real estate sector.
On September 29, 2015 20:22 (IST)
Jaiprakash Associates is the flagship company of the Jaypee group, which is a diversified infrastructure company with interests in engineering, construction, cement, power, real estate, expressways, fertiliser, hospitality, healthcare, sports, information technology and education.
On August 20, 2015 08:54 (IST)
Nirmal Bang Securities in a note said looking at the options spread the broad range for Nifty is likely to be 8,300-8,600 for Thursday. Maximum open interest (outstanding positions) remain in 8,600 strike Nifty calls; on Wednesday, OI in the 8,600 strike rose by 4 per cent to 51.8 lakh shares, indicating that Nifty is likely to face resistance arou...
On June 15, 2015 14:58 (IST)
Had India's hundreds of mid-cap firms aggressively cut their massive debts acquired in the boom years after the 2008 global crisis, their shares might not have dropped as precipitously in today's uncertain economy.
On June 04, 2015 11:26 (IST)
Shares in heavily leveraged companies such as Unitech, Jaiprakash Associates rebounded on Thursday, a day after crashing by 30-50 per cent. (Read full story)
On June 03, 2015 14:47 (IST)
Broader markets came under severe strain on Wednesday with some well-tracked stocks falling by more than 30 per cent in intraday trades. The BSE midcap index traded 1.6 per cent lower, while the small cap sub-index slumped nearly 2 per cent as compared to 1 per cent fall in the benchmark Sensex and Nifty indices.
On April 28, 2015 20:33 (IST)
UltraTech's proposed buyout of two cement plants from Jaiprakash Associates Ltd has received approval of the Competition Commission of India (CCI), which said the deal is unlikely to have an adverse impact on competition.
On February 11, 2015 09:16 (IST)
The Nifty opened higher on Wednesday as global cues remain mixed on the back of Greece uncertainty. Foreign investors continued their selling streak and on Tuesday they have sold stocks worth Rs 1,261 crore in the cash market. However, domestic investors were net buyers to the tune of Rs 851 crore.