AmrithaPillay
Stories by AmrithaPillay
India: Jaypee Group in talks to sell stake in power transmission unit
Debt-laden Jaypee Group, which has so far sold power assets worth Rs.11,900 crore, may get luckier and get more funds as it enters into discussions wi
Ambuja Cements gets nod to buy 24% stake in Holcim India
These transactions would enable Lafarge Holcim group to create a linear corporate structure (with Ambuja and ACC becoming parent and subsidiary) with
India: UltraTech to complete Jaypee’s cement assets acquisition in next 12 months
UltraTech’s cement capacity will increase to 91.1 mtpa including its overseas operations post the acquisition
India: Jaiprakash Power looks at hiving off Bina asset to subsidiary
Debt-laden Jaypee group has been on an asset sale spree in a bid to cut its debt. The group has so far focused on selling its best assets in the power
Nirma to buy Lafarge India assets for $1.4b
JSW Cement Ltd and Piramal Group were two of the other Indian bidders who had expressed interest in these assets along with a couple of foreign cement
India: UltraTech’s $2.3b deal to buy debt-laden Jaypee cement hits a hurdle
The sale is crucial for Jaiprakash Associates, which is seeking to reduce debt by raising money through asset sales. As of 31 March, Jaiprakash Associ
India: Is JSW Group turning to be a compulsive bidder of steel assets?
JSW Steel Ltd took the Street by surprise on 10 May when it evinced interest in Tata Steel Ltd’s UK assets, only to add later that the interest was
India: Tata Steel calls off merger of Tata Metaliks units with itself
In 2013, the merger was expected to result in backward as well as forward integration of the steel-making operations from iron ore mining to downstrea
