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JAYPEE HOSPITALITY ASSETS
The Jaypee clue: Adani may be quietly building its next money-spinnerAdani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambiti...- Adani in talks with Accor, ITC Hotels to manage Jaypee hospitality assetsAdani Group is negotiating with Accor to manage Delhi and Agra hotel properties. Separately, discussions are underway with ITC Hotels for a...
- Jaypee deal to help Dalmia Bharat have pan-India presence: MD Puneet DalmiaDalmia Bharat plans significant pan-India expansion, primarily through organic growth. The company is also open to strategic acquisitions t...
- NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
- Legal tangles could stall Vedanta-JAL dealVedanta has won the bid for Jaiprakash Associates. The deal worth Rupees 12,505 crore may face hurdles. Legal battles over asset ownership ...
- NCLAT closes insolvency proceedings against JHL as Max Healthcare settles creditor's claimsThe National Company Law Appellate Tribunal (NCLAT) has ended insolvency proceedings against Jaypee Healthcare, as financial creditors' due...
- Max Healthcare acquires Jaypee Healthcare under IBCMax Healthcare announced the acquisition of a 64% stake in Jaypee Healthcare, with plans to acquire the remaining 36%. The deal includes Ja...
- Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee HealthcareFortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiar...
- One more independent director of Jaypee Infratech resignsThe Interim Resolution Professional (IRP) will place his resignation for acceptance in the next meeting of the Committee of Creditors.
- Two independent directors of Jaypee Infratech resignWhile Rau has cited personal reasons for the resignation, Goswami resigned because of his growing age and indifferent health, the debt-ridd...
- Jaypee Infratech lenders reject Rs 7,350 crore bid by LakshwadeepA panel of over a dozen lenders, who have to recover nearly Rs 9,800 crore from Jaypee Infratech Ltd met here over the last two days to dec...
- Jaypee promoters submit over Rs 10,000 crore revival plan for Jaypee InfratechLakshadweep, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, had made a Rs 7,...
- Jaypee Infratech lenders to meet on May 7 to consider Lakshadweep bidJaypee Infratech has about 3,300 acres of vacant land parcels worth about Rs 14,000 crore alongside the Yamuna Expressway that connects Noi...
- Jaypee’s hotel assets fail to draw investor interestThe valuation could potentially stretch to about Rs 1,100 crore but it will not go beyond that. They had started with Rs 2,500 crore initia...
- IndusInd Bank invokes 6 crore pledged shares of Jaypee InfratechJaiprakash Associates had 89.5 cr shares, about 64.44% stake, in Jaypee Infratech as on December 31, 2017. Of the total shares held by it, ...
- IDBI Bank nominee resigns from Jaiprakash Associates boardIDBI Bank has decided to withdraw the nomination of Subrat Kumar Mohapatra from the board of directors of the company with immediate effect.
- Hotel assets worth nearly $ 1 billion up for saleThe mapping includes the recent on the-block portfolio of Jaypee Hotels and the e-auction of the management rights of the Taj Mansingh Hote...
- Jaypee Associates to put all 5 hotel assets for saleThe company has put together an information memorandum titled ‘Project Pluto’ for a limited number of parties who have expressed interest i...
- Jaypee Cement to sell 51% stake in Gujarat unit to UltratechJaypee Cement has struck a deal with Aditya Birla Group firm Ultratech to sell 51 per cent stake in the 5 mtpa Gujarat facility for close t...
- Ultratech to buy majority stake in Jaypee's Gujarat plantUltratech Cement is at an advanced stage of negotiation with Jaypee Cement Corporation to acquire its 51 per cent stake in the 5 mtpa Gujar...
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