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Jaypee Group News

 JSW Energy may make its grand entry as RPower calls off Rs 12000-cr deal with Jaypee Group
Corporate

JSW Energy may make its grand entry as RPower calls off Rs 12000-cr deal with Jaypee Group

Reliance Power's talks to acquire Jaiprakash Power Ventures' three hydro power projects have been called off following lack of clarity over capacity of the Karcham Wangtoo project. In July, Reliance Power signed an initial agreement to acquire all the three hydroelectric power plants of JPVL for around Rs 12000 crore, in what would have been one of the largest deals in India's power sector.<br />

Onslaught on Jaiprakash Associates continues. Stock loses Rs 2,991 cr in market cap
Money

Onslaught on Jaiprakash Associates continues. Stock loses Rs 2,991 cr in market cap

The onslaught on the share prices of Jaiprakash Associates continued for a second day in a row today after it sold 3.53 crore shares worth over Rs 166 crore, leading to panic selling by market participants.<br />

Shree Cement to acquire Jaypee Group's cement unit for Rs 360 cr
Real estate

Shree Cement to acquire Jaypee Group's cement unit for Rs 360 cr

Shree Cement is looking to acquire a 1.5 -million-tonne grinding unit of Jaiprakash Associates in Haryana for Rs 360 crore.<br />

Ecclestone dashes hopes of Indian Grand Prix's return in 2015
Sports

Ecclestone dashes hopes of Indian Grand Prix's return in 2015

Formula 1 boss Bernie Ecclestone on Thursday asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016.

Adani Power has ambitious plans but here's why it gave up on Jaypee hydel projects
Corporate

Adani Power has ambitious plans but here's why it gave up on Jaypee hydel projects

The company is planning for a 5,000MW push in the power sector with the hopes of having 20,000 MW generation capacity by 2020.

Why Jaypee power- Reliance Power deal heralds consolidation in hydel space
Corporate

Why Jaypee power- Reliance Power deal heralds consolidation in hydel space

While in the private sector space, Anil Ambani-led Reliance Power has agreed to buy out Delhi-based Jaypee Group's entire hydel business in a deal estimated at Rs 12,000 crore, in the public sector space, the NDA government is exploring the option of merging all state-owned hydroelectric companies in order to reduce its dependence on coal, which is already in short supply domestically and needs to be imported to meet India's fuel needs.<br />

With Jaiprakash Power deal, Reliance Power could become India's top hydel co
Corporate

With Jaiprakash Power deal, Reliance Power could become India's top hydel co

Anil Ambani group firm Reliance Power has pipped Adani Power's Rs 11700 crore offer to buy the entire hydro power portfolio of Jaiprakash Power for an estimated ?15,000 crore after Abu Dhabi National Energy Company (Taqa) pulled out out of the Rs 10,500-crore deal on Thursday.<br />

Reliance Power signs pact to buy out Jaypee group's hydroelectric portfolio
Corporate

Reliance Power signs pact to buy out Jaypee group's hydroelectric portfolio

The deal will make Reliance Power the largest hydroelectricity manufacturer in the private sector, and one of the largest power companies in the country

Adani in talks to buy Jaypee's hydro projects worth over Rs 11000 cr
Corporate

Adani in talks to buy Jaypee's hydro projects worth over Rs 11000 cr

The discussion comes against the backdrop of TAQA pulling out of the deal to acquire Jaypee's two hydro projects.<br />

Promoters of Indian GP confident of race returning after 2014
Sports

Promoters of Indian GP confident of race returning after 2014

The Indian leg of the Formula One circuit is missing from the 2014 calendar due to scheduling difficulties. The race is expected to be held in March-April in 2015 and 2016.

2014 Indian Grand Prix is on, assures Jaypee
Sports

2014 Indian Grand Prix is on, assures Jaypee

Jaypee's statement came after the European media was abuzz that the race could be dropped due to drop in attendance.

Jaypee Group Eases Communication Gaps With Polycom RealPresence
Biztech

Jaypee Group Eases Communication Gaps With Polycom RealPresence

Indian conglomerate uses Polycom video collaboration across 40 dispersed offices for faster decision-making during long-term projects.

Deccan Chargers on block today, Videocon rules itself out
Business

Deccan Chargers on block today, Videocon rules itself out

With Deccan Chronicle Holdings unable to hold on to its IPL team, the BCCI could decide today who the next owner of the team will be.

Making amends: 500 farmers to cheer F1 from the stands
Breaking Views

Making amends: 500 farmers to cheer F1 from the stands

Suvan, a farmer from Atta Gujran village, who was spearheading the agitation against the F1 track, confirmed that farmers from his village had indeed received passes for the race

ED issues notice to Jaypee Group over fund violations
Business

ED issues notice to Jaypee Group over fund violations

The Enforcement Directorate today issued an estimated Rs 200 crore notice for alleged violation of foreign exchange rules to the JP Group which is organising the high-profile Formula One Indian Grand Prix at Greater Noida.

Jaypee Deploys SAS Strategy Mgmt To Improve Logistics
Biztech

Jaypee Deploys SAS Strategy Mgmt To Improve Logistics

SAS provides an array of optimisation, project scheduling, simulation techniques to optimise transportation logistics.