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

      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.

    • Aim to cut debt by Rs 5000cr in FY14: JP Associates

      Aim to cut debt by Rs 5000cr in FY14: JP Associates

      The year gone by was challenging year for the company, said Manoj Gaur, executive chairman, JP Associates. The firm has invested around Rs 39000 crore in various business including real estate, hospitality, cement and construction.

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

      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.

    • Gammon Infra to commission 3 key projects in 12-15 mths

      Gammon Infra to commission 3 key projects in 12-15 mths

      Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.

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

      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.

    • CCI order shocking; hefty penalty unexpected: JP Associates

      CCI order shocking; hefty penalty unexpected: JP Associates

      Manoj Gaur, chairman of Jaiprakash Associates today said that the CCI order was surprising and he did not expect such hefty penalties to be levied.

    • SEBI has not taken cognizance of our submission, says Gaur

      SEBI has not taken cognizance of our submission, says Gaur

      It is unfortunate that certain inferences have been drawn on presumptions, chairman Manoj Gaur says.

    • JP Associates looking for strategic investor in cement biz

      JP Associates looking for strategic investor in cement biz

      Manoj Gaur, executive chairman of Jaiprakash Associates spoke to CNBC-TV18 about the business environment and the way ahead for the company.

    • Expert views: Is time ripe for cement sector's M&A action?

      Expert views: Is time ripe for cement sector's M&A action?

      The buzz around JP Associates vying for a strategic partner for its cement business continues. Cement valuations ruled at their peak in 2006-2007 when the market and the sector were at all time highs. So how will cement valuations pan out from hereon?

    • Looking for BIFR nod to hive off fertilizer biz: Duncan Ind

      Looking for BIFR nod to hive off fertilizer biz: Duncan Ind

      GP Goenka, chairman of Duncan Ind said that they will hive off the fertilizer company as soon as they get a nod from the BIFR. “Duncans would thereafter remain as tea company with no debts” he added.

    • JP Associates eyes debt reduction of Rs 15K-16K cr

      JP Associates eyes debt reduction of Rs 15K-16K cr

      The infrastructure space has been suffering a lot over the last month or so. Manoj Gaur, executive chairman of Jaiprakash Associates told CNBC-TV18 that JP group has performed very well despite the difficulty faced by infrastructure space. Gaur expects the company to bring down their debt to Rs 15,000-16,000 crore by the end of FY12.

    • Expect to maintain 40% growth rate: Jaiprakash Associates

      Expect to maintain 40% growth rate: Jaiprakash Associates

      Manoj Gaur, executive chairman of Jaiprakash Associates is surprised at the recent underperformance of this company in the secondary markets.

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