The decision to sell cement business to reduce JAL and JCCL’s debt was taken a year ago.

According to the deal, UltraTech will pay Rs 16,189 crore to buy Jaypee Group's cement operations that have a total capacity of 17.2 MTPA.

Ultratech Cement’s acquisition of 22.4 MT cement assets of J P Associates is a prudent step in the direction of preparing the groundwork of...

Jaiprakash Associates today reported a standalone net loss of Rs 88.7 crore for the quarter ended December 31, 2013.

Following the downtrend in the stock, the market value of the company plunged Rs 1,120 crore to Rs 8,510 crore.

Analysts at top-three global brokerage firms - BofA-ML, Barclays and UBS - expect shares of JP Associates to rally to above Rs 70 in 12 mon...

Shares of JP Associates have rallied over 31% recorded on August 30 to the closing price of Rs 43.40 observed on September 11 on the NSE.

UltraTech Cements rallied over 5%, a day after the cement company agreed to buy the Gujarat cement plants of Delhi-based Jaiprakash Associa...

The Gujarat unit is part of JAL’s wholly owned arm, Jaypee Cement. The enterprise value of the transaction is Rs 3,800 crore.

Barclays says that with the ramp-up in cash flows, JPA will start deleveraging from FY14E onwards and its RoE will increase from 6% in FY12...

The company is likely to commence coal mining from 728.75 hectares of forest land from mid 2013 onwards.

Jaiprakash Associates is expected to report an 11 per cent decline in net profit at Rs 113.6 crore for the quarter ended September 30.

Kotak Securities upgraded Jaiprakash Associates to 'Buy' and raised target price to Rs 87 on capacity additions and lower costs post demerg...

Jaiprakash Associates today said its shareholders and creditors have approved the hiving off of the cement business to a wholly-owned subsi...