Jaypee Group defaults on Rs 4,460 cr debt, payments
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore.
Jun 03, 2016, 19:24 PM ISTDebt-heavy Jaypee says still able to service loans
Jaypee Group, a heavily indebted infrastructure conglomerate, said on Saturday that no bank had approached it about classifying its loans as non-performing amid government pressure on lenders to rein in large money-losing borrowers.
Apr 02, 2016, 15:18 PM IST