JAYPEE INFRATECH SHARE PRICE
Stocks in the news: Axis Bank, L&T, YES Bank, Adani Gas, RBL Bank, Cipla, ITI and Asian Paints
Cipla said it has received observations from the USFDA for its Goa manufacturing facility.
Share market update: BSE Smallcap index bullish; Suzlon Energy spikes 15%
The S&P BSE SmallCap index was trading 0.68 per cent up at 13879.8.
Share market update: BSE Smallcap index gains; IOB surges 8%
The S&P BSE SmallCap index was trading 0.63 per cent up at 13520.2.
Stocks in the news: Bharti Airtel, SBI, Maruti Suzuki and Jaypee Infratech
Telecom operators Airtel and Vodafone Idea have removed cap from free outgoing calls
Share market update: BSE Smallcap index up; Indraprastha Medicals jumps 5%
The S&P BSE SmallCap index was trading 0.23 per cent up at 13412.92.
Share market update: BSE Smallcap index advances; GPIL surges 13%
The S&P BSE SmallCap index was trading 0.28 per cent up at 13431.82.
NBCC to acquire Jaypee Infra, work on stalled projects to start in 6 months
The actual work on the project is expected to commence by the first week of May.
Jaypee Infra jumps over 9% on CoC nod for NBCC bid
On the NSE, the stock rallied 6.06 per cent to Rs 1.75.
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery of pending flats to Jaypee homebuyers within the timeframe. Suraksha Realty and state-run NBCC on Tuesday submitted their final bids to acquire bankrupt realtor Jaypee Infratech through the insolvency process.
Jaypee Infra homebuyers need to vote for both NBCC, Suraksha to ensure resolution, delivery
"If homebuyers vote for one plan and lenders vote for the other then the CIRP (Corporate Insolvency Resolution Process) will definitely head for liquidation. However, if homebuyers vote for both plans with lenders voting for any one, then in that case liquidation can be avoided," said Chitranshul Sinha, Partner at legal firm Dua Associates.
Jaypee Infra: Lenders ask bidders to sweeten offers
Homebuyers asked the NBCC to compensate for huge delay in completion of flats.
Jaypee Infratech: Lenders ask NBCC, Suraksha to sweeten offers, submit final bids by December 3
The Committee of Jaypee Creditors met NBBC and Suraksha representatives for several hours to discuss threadbare their takeover offers, before asking them to further revise the bids. They wanted NBCC to provide more land with clear title in lieu of its current offer of over 600 acres land that is under litigation and some unclaimed flats.
HDFC Securities maintains buy on PNC Infratech, target price Rs 340
Buy PNC Infratech Ltd. at a price target of Rs 340.0 .
Jaypee Infra case: Suraksha may offer more cash & land to lenders, higher penalty to buyers
Suraksha Realty may offer more cash & land to lenders and higher penalty to homebuyers to acquire Jaypee.
Jaypee Infra case: NBCC may offer more land to lenders, cut deadline to complete flats in final bid
As per PTI, NBCC in the final bid could withdraw its offer related to unclaimed flats and pledged land.
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