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Jaiprakash Associates

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Cement stocks down up to 5% on Competition Commission fine

Sep 01, 2016

Cement stocks down up to 5% on Competition Commission fine

Cement stocks today fell up to 5 per cent after Competition Commission imposed more than Rs 6,700 crore penalty on 11 companies, including ACC and Binani, for cartelisation. #Competition Commission of India #NewsTracker #ACC #Jaiprakash Associates #Cement companies #Ambuja Cements #UltraTech Cement #CMA #CCI fine
Debt-ridden Jaypee group defaults on Rs 4,460 cr worth of loans, payments

Jun 04, 2016

Debt-ridden Jaypee group defaults on Rs 4,460 cr worth of loans, payments

The group has on a consolidated basis failed to repay Rs 2,905.6 crore in principal amount to banks and another Rs 1,558.93 crore in interest payments #Debt #Jaiprakash Associates #Jaypee Group #UltraTech Cement #Jaiprakash Power Ventures #jaypee cement corp
RBI asks banks not to treat default by some firms as NPA in Q4

Apr 21, 2016

RBI asks banks not to treat default by some firms as NPA in Q4

In view of mounting bad loans eating into banks' profits, RBI has allowed them to exclude from provisioning stressed loans of certain companies in the fourth quarter numbers. #RBI #Jaiprakash Associates #IDBI Bank #PSU banks #bad loans #BoB #NPA provision
Jaiprakash Associates surges nearly 18% on Ultra Tech deal

Apr 01, 2016

Jaiprakash Associates surges nearly 18% on Ultra Tech deal

Shares of Jaiprakash Associates zoomed nearly 18 per cent today after debt-ridden Jaypee Group announced part sale of its cement business to Kumarmangalam Birla-led Ultra Tech for Rs 15,900 crore. #JP Associates #stake sale #Jaiprakash Associates #Kumar Mangalam Birla #UltraTech Cement #Cement business
Bad debts cloud outlook for India's private sector banks

Aug 18, 2015

Bad debts cloud outlook for India's private sector banks

A financial stability report published by the central bank in June said that under its worst case scenario, private sector banks' gross bad loan ratio could almost double. #Business #ICICI Bank #Axis Bank #Jaiprakash Associates #Kotak Mahindra Bank #SectorWatch #Uday Kotak #ING Vysya Bank #Essar Steel
Telcos to face disincentives if call drops persist, says Prasad

Jun 02, 2015

Telcos to face disincentives if call drops persist, says Prasad

Stating that telecom operators need to ensure that call drops are "minimised", the minister said telcos need to strengthen their system. #RBI #FDI #TheySaidIt #Ravi Shankar Prasad #TRAI #DoT #Jaiprakash Associates #NDA #Telecom Commission #Rakesh Garg #Net neutrality #Call drops
Coal Block Auction: Vedanta bid for 14 blocks; Birla, Adani, Jindal also in fray

Feb 04, 2015

Coal Block Auction: Vedanta bid for 14 blocks; Birla, Adani, Jindal also in fray

Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players. #Hindalco #Vedanta #GMR #Jaiprakash Associates #Lanco #GVK #Sesa Sterlite #BALCO #Coal block auction #JSPL #Monnet Ispat #Ultra Tech cement #Anil Ambani led Reliance Group #Rungta Mines #Ferro Alloys #Monnet Ispat and Energy #OCL Iron and Steel #Sarda Energy