Jaiprakash Associates Limited

Birla's UltraTech buys JP's cement plants for Rs 17,000 crore

Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.

Feb 28, 2016, 17:11 PM IST

Ultratech-JAL cement Rs 5,400-cr deal fails on lack of regulatory approval

The Rs 5,400-crore deal between India's largest cement maker Ultratech and Jaiprakash Associates (JAL) to acquire the latter's two cement plants has been called off on account of lack of regulatory approvals.

Feb 26, 2016, 21:23 PM IST