E-PaperJaypee Cement News
ICICI Banks files insolvency plea against Jaiprakash Associates
The Allahabad bench of NCLT has asked ICICI Bank to serve notice to its corporate debtor Jaiprakash Associates within 3 days and directed Jaypee group firm to file reply by 17 September
2 min read10 Sep 2018Ultratech Cement Q1 profit slumps 30% to ₹631 crore on higher petcoke, fuel prices
Ultratech Cement's revenue rises 30% from a year earlier to 8,476 crore in June quarter, while profit before interest, depreciation and taxes falls 2% to 1,763 crore
1 min read18 Jul 2018ACC, Ambuja Cements put merger on hold over mines hurdle
ACC and Ambuja Cements said merger is still ultimate objective, but they will aim to maximize synergies for now
3 min read27 Feb 2018Jaypee plans to raise Rs2,000 crore, to sell Bhilai Jaypee Cement
Debt-ridden Jaiprakash Associates' proposed sale of entire 74% stake in Bhilai Jaypee Cement for an enterprise value of Rs1,450 crore is expected to be concluded by year-end
2 min read31 Aug 2017UltraTech-Jaypee cement deal closed in relief to banks
UltraTech Cement's acquisition of Jaiprakash Associates's cement assets marks the conclusion of the biggest 'stressed assets' resolution yet in the country
3 min read1 Jul 2017Orient Cement: Acquisition a near-term drag on earnings, stock price
The strategic acquisition of two Jaypee group assets is weighing on the Orient Cement stock and is expected to impact the latter's earnings in the near future
2 min read16 Jun 2017Cement deals dominate top five M&A deals in 2016
M&A activity in India rises to $69.75 billion in 2016, beating 2007's record $66.96 billion
4 min read28 Dec 2016Orient Cement-Jaypee deal: debt, other concerns weigh on the stock
The bottom line is deal will aid Orient Cement scale up, diversify and save on freight cost, but analysts expect it to take more than two years to become earnings per share accretive
2 min read10 Oct 2016ACC: Volume drop spoils strong operating show
ACC's share prices gave up its morning gains and closed lower even after reporting a 36.5% and 79% rise in operating profit and net profit in June quarter
2 min read27 Jul 2016UltraTech’s Rs15,900 crore Jaypee cement deal hits a hurdle
Jaiprakash Associates hasn't met certain financial commitments for the cement assets under review; the deal is still on
2 min read1 Jul 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared