JAIPRAKASH ASSOCIATES

  • GMR sells $35 million highway stake to slash debt September 17, 2013

    GMR Infrastructure has sold its majority stake in a highway project for about $35 million, as debt-laden companies step up sales of some assets to boost earnings in a sector struggling with a weak economy. GMR, one of the country's best known infrastructure groups, whose interests span airports to power plants, said...
  • Sensex ends 155 points down ahead of RBI policy July 29, 2013

    Mumbai: Sliding lower for the fourth day, the S&P BSE benchmark Sensex on Monday fell 155 points to nearly threeweek low of 19,593.28 as banking stocks remained weak ahead of RBI monetary policy review while FMCG, PSU and metal shares saw selling earningsrelated pressure. The Sensex, which shed 555 points in...
  • CJI Sathasivam criticises orders passed by exCJI Altamas Kabir July 25, 2013

    New Delhi: More trouble seems to be brewing for former Chief Justice of India Altamas Kabir as the bench headed by current CJI P Sathasivam has criticised the orders passed by Kabir in a key case. Justice Sathasivam said he does not sit on appeal over orders passed by a coordinate...
  • Cement stocks slide on CCI penalty June 22, 2012

    Mumbai: Cement stocks, including those of ACC and Ambuja today lost ground, falling up to 6.3 per cent after competition watchdog CCI slapped a hefty Rs 6,307 crore penalty on 11 companies for price cartelisation. Shares of ACC tanked 5.17 per cent to Rs 1,191, while Ambuja Cements lost 5.18 per...
  • SAIL ventures into cement manufacturing March 21, 2007

    New Delhi: Steel Authority of India Ltd (SAIL) on Wednesday said it has signed a formal agreement with Jaiprakash Associates Ltd to foray into cement manufacturing at an investment of Rs 600 crore. The state run steel major, SAIL would hold 26 per cent stake in the joint venture company while...