Lenders of debt-laden JP Associates are facing a dilemma over Adani Enterprises’ ₹12,600 crore unconditional bid, which is not the highest ...

Jaiprakash Associates shares rose 5% after reports said the Adani Group is the only bidder to make an unconditional Rs 12,600 crore offer i...

"Principal repayments on the company's loans are due in 2037. Their proposal is that limits should be released, and operations allowed to c...

JP Power stock has surged over 55% since January 1. Analysts said the momentum could drive the stock up by another 30% in the next few week...

Shares of JP Associates closed 5.40 per cent higher at Rs 9.09 in reaction to the development, while those of UltraTech Cement ended lower ...

State Bank of India today confirmed that lenders led by State Bank of India have invoked Strategic Debt Restructuring in the matter of Jaip...

There’s been a significant rise in bank credit to the debt-laden Jaiprakash Associates in the past three years, Morgan Stanley said in its ...

Unitech was the biggest loser with the stock tanking as much as 52% intraday to Rs 6.50 on speculation that the company defaulted on loan r...

Shares of JP Associates declined nearly 20% to end at Rs 25.75 on Thursday, its lowest closing in more than nine years.

GMR Infra and JP Associates raised around Rs 3,600 cr through a qualified institutional placement of shares, market sources said.

GMR Infrastructure would raise up to $ 300 million through issue of warrants convertible into equal number of equity shares.

We will have to still see lot more debt reduction for the group as a whole and these two companies in particular before we take any call.

JP Associates has been considering the sale of the plant for about a year, to de-leverage its stretched balance sheet.

"You have to treat it as a beta play and play it one way or the other," says Prashasta Seth, Senior Fund Manager.

The fallout of the deal with the Irish company CRH put JP Associates in a tough spot, as the stock has already rallied over 20%.

Till the concerns remain on the balance sheet and the markets are focussed more on the quality of earnings and cash flows, it is very unlik...

Aggressive expansion left the company with a mountain of debt, but a planned stake sale in cement plants can help reduce the burden.