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  • Jaiprakash Associates defaults on Rs 4,258 crore loans

    In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company has on October 31 defaulted on repayments of a principal amount of Rs 1,733 crore and interest of Rs 2,525 crore.

  • Jaiprakash Associates defaults on Rs 4,044-crore loans

    Jaiprakash Associates defaults on Rs 4,044-crore loans

    In a regulatory filing on Friday, Jaiprakash Associates Ltd (JAL) informed that the company on June 30th defaulted on repayments of a principal amount of Rs 1,660 crore and interest of Rs 2,384 crore.

  • Jaiprakash Associates defaults on $508 mn loan repayment due on March 31

    Jaiprakash Associates defaults on $508 mn loan repayment due on March 31

    The flagship company of the infrastructure-focused Jaypee Group has borrowings of 293.96 billion rupees, which are due for repayment by 2037, it said.

  • Jaypee Power Ventures board meets today over divestment of cement grinding unit

    Jaypee Power Ventures board meets today over divestment of cement grinding unit

    In October, Jaiprakash Associates and Jaiprakash Power Ventures had announced plans to divest their cement business as well as some non-core assets to reduce debt.

  • Jaypee group firms clear divestment of cement unit, non-core assets to lower debt

    Jaypee group firms clear divestment of cement unit, non-core assets to lower debt

    The board of directors of Jaiprakash Power Ventures has approved the divestment of company's Nigrie Cement Grinding Unit as well as other non- core assets.

  • Jaypee Group firms to meet today over divestment plans

    Jaypee Group firms to meet today over divestment plans

    Jaiprakash Power Ventures said its board will be apprised regarding the proposals for "divestment of Nigrie Cement Grinding Unit" and to "review the progress made in the reduction of company's debt".

  • 274 homebuyers of Jaypee Greens Kalypso Court to get flats after a decade

    274 homebuyers of Jaypee Greens Kalypso Court to get flats after a decade

    The project having eight towers was launched around 2010 and was registered with UP RERA in 2017.

  • Jaypee Group donates Rs 4.22 crore for COVID-19 relief activities

    Jaypee Group donates Rs 4.22 crore for COVID-19 relief activities

    It has contributed Rs 3 crore to the PM Cares Fund, Rs. 50 lakh to the Uttar Pradesh CM Care fund, Rs 51 lakh to the Madhya Pradesh CM Care Fund and Rs 21 lakh to the Uttrakhand CM Care Fund.

  • YEIDA cancels allotment of 1,000 hectares of land with Jaypee group

    YEIDA cancels allotment of 1,000 hectares of land with Jaypee group

    Jaypee Group terms the cancellation order as 'regressive'; to challenge it in court

  • Gaurs group sells 1350 properties worth Rs 520 crore in April-June

    Gaurs group sells 1350 properties worth Rs 520 crore in April-June

    Of the total sales of 1,350 units, around 1,100 units were in the residential segment and the rest in the commercial segment, the Delhi-NCR based company said.

  • Jaypee Infratech insolvency: Creditors' meet on May 30 to discuss NBCC bid

    Jaypee Infratech insolvency: Creditors' meet on May 30 to discuss NBCC bid

    A meeting of Committee of Creditors (CoC) has been called on May 30.

  • Jaypee flat possession delay: Buyers demand suspension of EMIs

    Jaypee flat possession delay: Buyers demand suspension of EMIs

    Terming the meeting called by Jaypee group top official Manoj Gaur as an 'eyewash', a section of buyers did not attend the meet and sat on protest at the venue while blaming the developer Jaypee group as well as the central and state governments for their plight.

  • Jaypee group founder Jaiprakash Gaur joins JAL board

    Jaypee group founder Jaiprakash Gaur joins JAL board

    In a regulatory filing, Jaypee group's flagship company JAL said the "board has co-opted Jaiprakash Gaur on the board of the company as an additional director with effect from May 19, 2018."

  • Jaypee group offers 2,000 shares to home buyers

    Jaypee group offers 2,000 shares to home buyers

    Earlier this week, Jaypee group promoter Manoj Gaur made an offer of over Rs 10,000 crore before the lenders of Jaypee Infratech to protect the interest of all stakeholders including financial creditors, home buyers and minority shareholders.

  • Want to 'hive off' Yamuna Expressway project, Jaypee tells SC

    Want to 'hive off' Yamuna Expressway project, Jaypee tells SC

    Jaypee Associates told the apex court that it has an offer worth Rs 2,500 crore and sought permission to give the project to another party.

  • Orient Cement expects to reach 12 MTPA capacity this year

    Orient Cement expects to reach 12 MTPA capacity this year

    Orient Cement has an aggregate manufacturing capacity of 8 MTPA with a clinker manufacturing capacity of close to 6 MTPA.

  • Jaypee group gets shareholders' nod to raise up to Rs 2,000 cr

    Jaypee group gets shareholders' nod to raise up to Rs 2,000 cr

    The special resolution was approved by the shareholders at the company's annual general meeting held on September 23.

  • Concerned over 'tears' of home buyers: SC

    Concerned over 'tears' of home buyers: SC

    The apex court had earlier directed Jaiprakash Associates Ltd to deposit Rs 4 crore with the bank to be kept as short- term fixed deposit and give possession of flats to the home buyers in its Kalypso Court project on the Noida-Greater Noida Expressway.

  • Yamuna Expressway Authority to sell Jaypee's land for refund

    Yamuna Expressway Authority to sell Jaypee's land for refund

    The move will bring about relief to 3,087 home owners after close to a year of being left in the lurch.

  • Jaypee Wish Town investors stage protest against project delays

    Jaypee Wish Town investors stage protest against project delays

    Jaypee Wish Town investors, on April 21, 2017, gathered at the Yamuna Expressway Industrial Development Authority (YEIDA) office in Noida, to protest against the builder over delays in the project completion and alleged diversion &#82

  • RBI asks banks to make 25% provision against exposure to Jaiprakash Associates: Sources

    RBI asks banks to make 25% provision against exposure to Jaiprakash Associates: Sources

    The country’s largest bank, State bank of India, and biggest private sector lender, ICICI Bank, are among the major lenders to Jaiprakash Associate

  • Orient Cement-JP deal in final stages; SAIL to stay invested in Bhilai JV

    Orient Cement-JP deal in final stages; SAIL to stay invested in Bhilai JV

    The arrangement between the two companies, announced on October 6 last year, was a combination of two assets of the Noida-headquartered company.

  • COMMENT: Why are smaller cement companies hogging the limelight?

    COMMENT: Why are smaller cement companies hogging the limelight?

    In the past one month, the stock price of little-known Andhra Cements ran up close to 70 percent, even beating its larger peers by a margin. The rally could most likely have been sparked by market buzz that the Jaypee Group-promoted cement player has been put on the block.

  • Sobha gets top honours in India‘s first ever real estate best practices audit report

    Sobha gets top honours in India‘s first ever real estate best practices audit report

    Sobha Ltd has been ranked number one in Track2Realty‘s Best Practices Report-2017, followed by Godrej Properties and the Prestige Group. This is the first of its kind in-depth report on best practices prevalent in &#82

  • Demonetisation impact: Market movements don‘t indicate immediate price correction

    Demonetisation impact: Market movements don‘t indicate immediate price correction

    When Housing News analysed the impact of demonetisation over the property prices, some of the critics disagreed and even took it as an endorsement of black money in real estate. Nevertheless, the theory that &#82

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