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  • JP Associates inks pact with ICICI Bank, transfers 18.9 crore shares to reduce debt

    The consideration for the transfer will be based on the previous day's closing price on the NSE, as mentioned in the notice to exchanges

  • Dalmia Bharat to acquire JP Associates' select cement, clinker and power plants

    Dalmia Bharat to acquire JP Associates' select cement, clinker and power plants

    Dalmia Cement, a subsidiary of Dalmia Bharat, will acquir JP Super, take over 74 percent stake in Bhilai Jaypee Cement and has signed a long-term lease agreement for Nigrie Cement Grinding Unit.

  • Dalmia Bharat set to go national with acquisition of JAL’s cement business

    Dalmia Bharat set to go national with acquisition of JAL’s cement business

    The acquisition will allow Dalmia Bharat to expand into the central region and will represent a significant step towards realising its vision of becoming a pan-India cement company.

  • Jaypee deal an attractive proposition for Dalmia, more clarity awaited: Brokerages

    Jaypee deal an attractive proposition for Dalmia, more clarity awaited: Brokerages

    Enterprise value less than previous deals in the cement sector, will take Dalmia closer to the goal of becoming a pan-India player, say research houses

  • Adani on the lookout for more cement assets with an eye on the No. 1 slot

    Adani on the lookout for more cement assets with an eye on the No. 1 slot

    The deal, if it goes through, would strengthen Adani Group’s presence in the cement sector. In May, the group acquired Ambuja Cements Ltd. and ACC Ltd. from Switzerland’s Holcim Ltd., becoming India’s second-largest cement maker virtually overnight with an installed production capacity of 67.5 million tonnes annually.

  • D-Street Buzz: Midcap stocks rally with JP Associates up 5%; PSU banks gain, TCS most active

    D-Street Buzz: Midcap stocks rally with JP Associates up 5%; PSU banks gain, TCS most active

    The breadth of the market favoured advances, with 1236 stocks advancing, 462 declining and 377 remaining unchanged. On BSE, 1572 stocks advanced, 774 declined and 106 remained unchanged.

  • Market Update: 154 stocks hit new 52-week lows; RCom, JP Associates jump 4-8%

    Market Update: 154 stocks hit new 52-week lows; RCom, JP Associates jump 4-8%

    The top gainers among Nifty constituents were Tata Motors, Dr Reddy's Labs, Titan Company, Bajaj Auto and Bajaj Finance.

  • Market Update: Nifty midcap underperforms as JP Associates, GMR Infra fall; RComm tanks 6%, ONGC top gainer

    Market Update: Nifty midcap underperforms as JP Associates, GMR Infra fall; RComm tanks 6%, ONGC top gainer

    82 stocks hit new 52-week low including names like Ambuja Cements, Capital First, Idea Cellular, IDFC Bank and Vakrangee among others.

  • Market Update: PSU bank index outperforms as PNB, Syndicate Bank jump 2-5%; JP Associates zooms 11%

    Market Update: PSU bank index outperforms as PNB, Syndicate Bank jump 2-5%; JP Associates zooms 11%

    The market breadth was in favour of the advances with 957 stocks advancing while 668 declined and 383 remained unchanged. On the other hand, in the BSE, 1176 stocks advanced and 888 declined and 108 remained unchanged.

  • Market Update: Broader indices in red despite Nifty PSU banks outperforming; JP Associates jumps 8%

    Market Update: Broader indices in red despite Nifty PSU banks outperforming; JP Associates jumps 8%

    The market breadth was in favour of the declines with 755 stocks advancing while 940 declined and 324 remained unchanged. On the other hand, in the BSE, 1137 stocks advanced and 1467 declined and 153 remained unchanged.

  • Market Update: CNX IT outperforms as TCS hits new 52-week high; GAIL top gainer, Bharti Airtel falls 4%

    Market Update: CNX IT outperforms as TCS hits new 52-week high; GAIL top gainer, Bharti Airtel falls 4%

    The market breadth was in favour of the declines on Wednesday morning with 384 stocks advancing as against 1220 declines while 405 remained unchanged. On the other hand, 673 stocks advanced and 1463 stocks declined while 87 remained unchanged on the BSE.

  • Buy JP Associates, Bata; sell Canara Bank, L&T Finance, Repco Home, BOI: Ashwani Gujral

    Buy JP Associates, Bata; sell Canara Bank, L&T Finance, Repco Home, BOI: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy JP Associates and Bata India and can sell Canara Bank, L&T Finance, Repco Home and Bank of India.

  • SC to decide on RBI’s plea on insolvency proceedings against JAL next month

    SC to decide on RBI’s plea on insolvency proceedings against JAL next month

    Orders amicus curiae to set up separate portal for JAL homebuyers. Next hearing on February 5.

  • JP Associates tanks close to 6% after RBI seeks SC nod for insolvency proceedings

    JP Associates tanks close to 6% after RBI seeks SC nod for insolvency proceedings

    Shares of Jaiprakash Associates fell 5.72 percent intraday on Tuesday hitting a low of Rs 22.85 per share after the Reserve Bank of India (RBI) plans to seek Supreme Court nod to begin insolvency proceedings against the company.

  • Jaypee case: SC ruling protects both homebuyers and bankruptcy law

    Jaypee case: SC ruling protects both homebuyers and bankruptcy law

    The middle path may be found by bringing NBCC into the picture, writes Madhuchanda Dey.

  • Nifty took 24 sessions to move from 9700 to 9800; meet the winners which rose up to 180%

    Nifty took 24 sessions to move from 9700 to 9800; meet the winners which rose up to 180%

    The index took 10 sessions to bounce back from its low of 9,473.45 on 27 June to hit a fresh record high of 9,830.05 in trade today on 11 July.

  • Debt revamp plan formulated for JP Associates

    Debt revamp plan formulated for JP Associates

    CNBC-TV18 learns that joint forum of lenders may have come to an agreement on a bank wise split of debt repayment.

  • JP Associates likely to announce debt revamp

    JP Associates likely to announce debt revamp

    The Joint Lender Forum (JLF) is meeting with JP Associates as they have accepted the debt restructuring deal offered by the company.

  • Yes Bank's bad loans sour golden jubilee moment; net NPAs treble

    Yes Bank's bad loans sour golden jubilee moment; net NPAs treble

    The mid-sized private lender’s gross non-performing assets (NPAs) in absolute terms doubled to Rs 2,018.56 crore compared to Rs 1,005.9 crore in the previous quarter.

  • Economy is embarking on strong earnings cycle: HDFC MF

    Economy is embarking on strong earnings cycle: HDFC MF

    The market currently is fairly valued, but equities will always be volatile in near term, says Prashant Jain, CIO of HDFC Mutual Fund, adding that one must invest into equities at any point the market corrects due to global reasons.

  • Orient to buy 74% in Bhilai Cement from JP Associates

    Orient to buy 74% in Bhilai Cement from JP Associates

    Orient Cement is set to acquire 74 percent in Bhilai Cement from JP Associates. The enterprise value is Rs 1450 crore and it works out to USD 110 a tonne.

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

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

    Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

  • Tata Power eyes stressed assets for growth: Cyrus Mistry

    Tata Power eyes stressed assets for growth: Cyrus Mistry

    From being the largest private power utility for decades, Tata Power, with 8,726 MW installed capacity at the end of March, had lost the top slot last year to Adani Power, which has 10,440 MW capacity.

  • See FY16 credit cost at 70 bps; exposures assured: Yes Bank

    See FY16 credit cost at 70 bps; exposures assured: Yes Bank

    Speaking to CNBC-TV18,  Rajat Monga CFO, YES Bank says the bank has restructured two borrower's accounts in the road sector for the quarter, totalling to about 20-21 bps on the banks' loan book.

  • Six in Sixty: Stocks you should keep on your radar

    Six in Sixty: Stocks you should keep on your radar

    CNBC-TV18's Ekta Batra lists out stocks that you should focus on.

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