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Decoder: Why UltraTech rose 4% after cement unit acquisition

Dec 24, 2014

Decoder: Why UltraTech rose 4% after cement unit acquisition

The acquisition includes 4.9 million tonne per annum (mtpa) of grinding capacity, 5.2 mtpa of clinker capacity and 180 MW of captive power plant. According to the companies press release, the acquisition of the Madhya Pradesh units will create significant synergies for UltraTech. #Debt #Cement #Jaiprakash Associates #Acquisition #Ultratech Cements
UltraTech Cement to buy two Jaiprakash plants for Rs 5400 crore

Dec 24, 2014

UltraTech Cement to buy two Jaiprakash plants for Rs 5400 crore

UltraTech Cement has agreed to buy two cement plants from Jaiprakash Associates for Rs 5,400 crore ($852 million) including debt, the companies said on Tuesday. Both the plants are Madhya Pradesh. #deal #India #Cement #Jaiprakash Associates #UltraTech Cement
IMG reviews performance of 14 coal blocks, no decision yet

Oct 25, 2013

IMG reviews performance of 14 coal blocks, no decision yet

The Inter-Ministerial Group (IMG) on coal blocks today reviewed the progress of 14 mines allotted to firms like Jaiprakash Associates, Monnet Ispat & Energy and Jindal Steel and Power Ltd (JSPL). #India #NewsTracker #Jaiprakash Associates #coal block allocation #Jindal Steel and Power Ltd #Monnet Ispat & Energy
Sibal lures chip makers to trim import bills, IBM and STMicro keen

Sep 14, 2013

Sibal lures chip makers to trim import bills, IBM and STMicro keen

India, which wants local production of chips to cut long-term import bills, has renewed a drive to attract investments after a previous attempt failed. #Kapil Sibal #Jaiprakash Associates #Delhi gangrape #Delhi rape case #IMB #STMicroelectronics #chipmakers
10 things you need to know before the opening bell

Sep 12, 2013

10 things you need to know before the opening bell

US stocks closed higher on Wednesday, with the S&P 500 up for a seventh straight day, as geopolitical fears eased amid diplomatic efforts to allow Syria to surrender its chemical weapons, averting a US military strike. #Dollar #Gold #crude oil #oil #CRISIL #USD #MCX-SX #Asian stocks #US Stocks #Jaiprakash Associates #Financial Technologies #UltraTech #OMCs