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1.NBCC bags Rs 5 billion order to develop National Museum of Natural History

The museum will come up in New Delhi.


2.CCI fines 11 cement firms with Rs 6,700 crore

The Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalty on 11 cement companies – UltraTech, Binani, Ramco, Jaiprakash Associates, JK Cement, Lafarge, India Cements, ACL, ACC, Century, Shree Cement, besides Cement Manufacturers’ Association (CMA) – for cartelisation.


3.Fastest Growing Construction Companies 2013

Construction World ranks Fastest Growing Construction Companies


4.UltraTech to buy Jaiprakash cement plants in Gujarat

Jaiprakash Associates of Manoj Gaur is reportedly readying to dispose off its Gujarat-based cement plants for a lower value to UltraTech Cement. The cement units are to be sold at a valuation of $130 a tonne, compared to $160 a tonne it was seeking earlier.


5.UltraTech to buy Jaiprakash cement plants in Gujarat

Jaiprakash Associates of Manoj Gaur is reportedly readying to dispose off its Gujarat-based cement plants for a lower value to UltraTech Cement. The cement units are to be sold at a valuation of $130 a tonne, compared to $160 a tonne it was seeking earlier. Jaiprakash Associates was expecting Rs 4,500 crore from the sale of the cement units in Gujarat, but now it will get below Rs 4,000 crore.


6.Jaiprakash Associates to sell cement units

Media reports indicate that Jaiprakash Associates may soon sell its 4.8-million-tonne cement plants in Gujarat to UltraTech Cement for Rs 4,100 crore. Of the enterprise value of Rs 4,100 crore, Rs 1,800 crore comprise of debt. As of December 2012, the debt of Jaypee group, which has interests in power, real estate and h


7.Jaiprakash Associates may offload stake in Gujarat cement plant

Jaiprakash Associates is reportedly in the final stages of offloading its 100 per cent stake in the 4.8-mn tpa Gujarat capacity for Rs 4,000 crore at an enterprise valuation of $150 a tonne, according to a Credit Suisse report. Jaiprakash Associates, which is the parent company of the Jaypee Group, wants to sell the unit in order to repa


8.JP Associates to sell cement units to cut its debt

To cut its debt, Jaiprakash Associates is is planning to sell its Gujarat-based cement units for Rs 4,000 crore in a few weeks. Media reports say that the deal is likely to be carried out at $150 a tonne.


9.JP Associates to sell cement units to cut its debt

To cut its debt, Jaiprakash Associates is is planning to sell its Gujarat-based cement units for Rs 4,000 crore in a few weeks. Media reports say that the deal is likely to be carried out at $150 a tonne.


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