ICICI Bank to get Jaiprakash Associates' 7.71% equity as latter's payment obligationJaiprakash Associates is the flagship company of the Jaypee Group which is engaged in engineering & construction (E&C), cement, hospitality...
SAT reduces Sebi's penalty on Jindal Cotex to Rs 25 lakh in GDR issuance case"The company is a running concern. Penalising the firm with such a heavy penalty is in fact penalising the shareholders, which is not justi...
Sebi issues Rs 14-cr demand notice to Jindal Cotex in GDR manipulation caseIn the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the firm.
Delhi police chief holds review meet on law & order, crime situationDelhi Police Commissioner S N Shrivastava took the note of the pending investigation cases and also reviewed the analysis of Integrated Com...
Volumes were down but we managed because of better average realisation: Anurag Mantri, CFO, Jindal Stainless"Nickel is the key raw material and when nickel price falls there is a slight time lag between when it gets passed on to the customer," Man...
Hindustan Copper to invest Rs 2,000 crore in new projectThe company has shortlisted two possible technology partners, including an Israeli company, that are expected to bid for the job.
No plans to raise capital before March 2018: Jindal StainlessThe debt-laden company is in no hurry to list its subsidiaries as it feels that it will not be able to realise the assets' real value in th...
Jindal Stainless demerger to bring down interest cost, optimise operationsJSL through its latest financial and operational restructuring is distributing the Rs 8,580-crore debt among four firms and at the same tim...
ABCL acquires Jayshree Chemicals' chlor-alkali divisionIn September last year, the company had said it will acquire the chlor-alkali division of Jayshree Chemicals Ltd (JCL) for a cash considera...
Punjab and Haryana HC approves Jindal Stainless' rejig planThe order copy will thereafter be filed with the office of Registrar of Companies, NCT of Delhi and Haryana, it added.
Odisha allows Jayshree Chemicals Limited to transfer 107 acres land to Aditya Birla Chemicals (India) LimitedThis was decided at the Cabinet meeting presided by Chief Minister Naveen Patnaik.
Dalmia Bharat acquires SAIL's 26 per cent stake in Bokaro Cement unitDiversified company Dalmia Bharat has acquired the remaining 26 per cent stake in Bokaro Jaypee Cement from SAIL, taking total control of t...
Asset Reconstruction Company of India Limited puts Jhagdia Copper Ltd on the blockIt is estimated that at current market prices, JCL may cost over Rs 1,000 crore with an implementation period lasting two years, according ...
Aditya Birla Chemicals to acquire Jayshree Chemicals Ltd's chlor-alkali division for Rs 212 croreJCL's chlor-alkali division has capacity of 57,000 tonnes per annum located in Odisha. It also has about 1,600 acres of salt works in AP.
Dalmia Cement's capacity to rise to 20 mtpa after JAL dealDCBL also holds 47.3 per cent stake in OCL India, a major cement player in the eastern region, and is expanding capacity there.
- Jaypee Group merges arms with Jaiprakash Associates
Diversified infrastructural industrial conglomerate Jaypee Group is merging its hotel, cement, real estate and construction subsidiaries wi...
- Sell-off panel clears sale of four PSUs
The Disinvestment Commission has recommended privatisation of four PSUs including National Buildings Construction Corporation and Cotton Co...