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  • Jaiprakash Associates eyeing Rs 6000 cr topline from balance biz post UltraTech deal

  • CCI slaps over Rs 6,700 crore fine on 11 cement cos

  • There are more sellers, fewer buyers in cement space: Dalmia

  • Rs 12000 cr debt will be transferred to UltraTech: JP Associates

  • Experts say UltraTech deal with Jaiprakash is a win-win

  • Expect JPA's biz to become EPS accretive by FY19-end: Ultra

  • JP Associates sells cement assets to UltraTech at Rs 15900 cr

  • JP Associates deal to boost UltraTech capacity: Angel Broking

  • JAL to announce cement deal with UltraTech on March 31: Sources

  • KFA's defaulter case dismissed on technical grounds: UBI

  • May get Rs 600-700 cr for entire stake in CARE: IDBI Bank

  • Overall debt will rise post deal with JP Asso: UltraTech

  • UltraTech deal a win-win; valuation at Rs 900cr/MT: JP Asso

  • Demand still weak; JP Associates deal soon: Shree Cement

  • Examining legal implications involved in Airbus issue: UBI

  • Shree Cement to buy JP's cement grinding unit for Rs 360cr

  • Expect to close JP Power deal by 2014 end: TAQA

  • Sure of reducing substantial debt in FY14: JP Associates

    We are on course to reduce our debt at corporate level, at group level by Rs 14,000 -15,000 crore, says Manoj Gaur, Executive Chairman, Jaiprakash Associates

  • See volatile cement prices in near future: Sanjay Ladiwala

    There is optimism that prices would go up but at the same time when newer capacities come in, there will be pressure on prices, correction will happen, says Sanjay Ladiwala, Cement Stockists and Dealers Association of Mumbai. This volatility is likely to continue for the next six months.

  • Expect JP Associates debt to moderate post deal: IDBI Bank

    BK Batra, Deputy MD, IDBI Bank in an interview to CNBC-TV18, said they welcome the UltraTech and JP Associates deal because post deal he expects the debt level of JP Associates to get moderated.

  • JP Guj unit buy fits with scheme of things: KM Birla

    Kumar Mangalam Birla believes it is a good asset, it is well priced, it is a fair value. It fits in with our overall scheme of things strategically.

  • UltraTech deal will pare co's debt by 15%: Jaypee Group

    Speaking to CNBC-TV18 soon after the announcement of the deal, Gaur said that the UltraTech's acquisition of its Gujarat plant is only a part of the company's debt reduction plan.

  • Cement unit sale not shelved; to happen by yr-end: JP Asso

    Manoj Gaur of Jaiprakash Associates told CNBC-TV18 that the stake sale plan of their Gujarat's cement arm, Jaypee Cement, had not been called off. He added, that it will be complete by the year-end and the focus lies on debt reduction on the balance sheet.

  • Positive outcome on cement biz sale seen soon: JP Asso

    Jaiprakash Associates which has been deliberating sale of its Gujarat cement business for more than five month to pare its debts may soon announce a positive outcome.

  • JP Asso mulls $160-170/tn valuation for cement stake sale

    Manoj Gaur, Executive Chairman of Jaiprakash Associates said they undertook a call to pare its debt on a consolidated level by selling stake in one of its plants. However, they have still not considered a sale of its Andhra unit to Ultratech, informed Gaur.

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