Jp Group

Earlier this year, the Aditya Birla Group firm announced acquisition of Jaiprakash Associates' cement plants with a total capacity of 21.1 million tonnes per annum (MTPA) at an enterprise value of Rs 16,189 crore.

JP Group to convert loan into equity

Shareholders of Jaiprakash Associates Ltd (JAL) approved the "option to convert loans, debentures or other borrowings/debt of the company into equity shares/securities of the company," it said in a regulatory filing.

JP Group to divest Andhra Cement to pare debt

JP Group had bought majority stake in Andhra Cement in 2011.

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.

JP Associates: On verge of default?

Care Ratings cut JP Associates' debt rating to "D" from "BB" earlier, citing a delay in debt servicing on account of weak liquidity.

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.

Why JP Group was among top losers today

Stocks of JP Group are in the top losers today. Jaiprakash Power Ventures is sitting at a lifetime low with cuts of approximately 15 percent. JP Infratech is sitting at a lifetime low of just about Rs 23. That entire group has cracked quite a bit in the day's trade. Reports, CNBC-TV18's Pragya Bhardwaj.

Short Jaiprakash Associates, United Phosphorous: Tulsian

SP Tulsian of sptulsian.com recommended going short on Jaiprakash Associates and United Phosphorous next week.

JP Group's Yamuna expressway may begin in July: Sources

JP Group's Yamuna expressway is close to begin commercial operations on the July 1, reports CNBC-TV18's Priyanka Dalmia quoting sources.

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.

How is JP Group finding opportunities at every corner?

Manoj Gaur, JP Group says, “JP Group today is already owning and operating 700 mega watts (MW) of hydro. By March 2012, Jaiprakash Power Ventures would be operating and owning about 2,200 MW."