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Wednesday, July 08, 2020

Jaiprakash Associates

JAIPRAKASH ASSOCIATES NEWS

ICICI Bank moves NCLT against JP Associates

September 11, 2018 1:17 am

ICICI Bank had filed an insolvency case in the NCLT after Reserve Bank of India last month rejected its plea to make an exception in the case of JP Associates as banks had finalised a restructuring plan and also partly implemented it.

Supreme Court to Jaypee infra parent ‘Deposit Rs 1,000 crore by June 15’

May 17, 2018 12:40 am

The stay order on liquidation and other statutory proceedings was necessitated in view of expiry of the statutory period of 270 days within which the RP should have finalised the resolution plan under the Insolvency and Bankruptcy Code of India, 2016.

Jaiprakash sells cement plants to UltraTech for Rs 15,900 cr

April 01, 2016 1:53 am

Jaiprakash Associates’ debt was last year downgraded to default status by CARE, as the company defaulted on repayment of a bond.

Jaiprakash Associates fails to pay interest on $150-mn bonds

March 09, 2016 2:18 am

Firm intends to discuss the issue with bondholders to arrive at a solution.

Maya govt move gave company Rs 410-cr monetary gain: Centre

February 04, 2015 1:32 am

BSP chief Mayawati had assumed reins of power in UP as its chief minister in May 2007.

UltraTech to buy two plants for Rs 5,400 cr from debt-laden JAL

December 24, 2014 10:39 am

The plants which have a combined capacity of 4.9 million tonnes per annum (mtpa), are located at Bela and Sidhi in Madhya Pradesh.

Anil Ambani's Reliance Power to acquire all hydro projects of Jaiprakash Associates

July 28, 2014 1:24 pm

Reliance Power will get Jaiprakash Power's hydroelectric portfolio - largest in India.

IMG reviews progress of 14 coal blocks

October 26, 2013 2:46 am

The coal ministry had earlier asked the firms to make presentations before the IMG on meeting the milestones.

Kumar Mangalam Birla's UltraTech Cement quarterly profit falls 52% to Rs 264 cr

October 19, 2013 2:28 pm

Kumar Mangalam Birla's UltraTech Cement reports net profit of Rs 2.6 bn for the quarter.

'Reduce' rating to Ultratech Cement shares: Impact of Jaypee asset buy

September 23, 2013 2:10 am

Strategic acquisition at bargain price,but earnings contribution could take time.