Latest News on Jaypee Associates
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Jaypee Associates - Total results - 3
Nov 07, 2017
Jaypee-home buyers case: SC refuses to take Rs 400 cr from group, wants it to keep Rs 2,000 cr ready before next hearingYou sell your assets. We are not permitting to deposit it. It should be a sizable amount, said SC to Jaypee
Sep 11, 2017
SC asks Jaypee to deposit Rs 2,000 cr, directs IRP to protect homebuyers, creditors' interestsAround 32,000 persons had booked flats in the projects of Jaypee Infratech.
Sep 12, 2013
JP Cements is just a distress sale but UltraTech gets a killer bargainJaypee Associates' Rs 3,800 crore deal to sell its Gujarat cement units to UltraTech is a distress sale. For one, the company has been trying desperately to sell its cement business in order to cut its debt pile of Rs 55,000 crore. Moreover, the valuation is at a huge discount to the earlier estimates of Rs 4,500 crore.