Dalmia Bharat to acquire cement assets of Jaypee

Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group's flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666......

Highway projects: A tightrope walk for Nitin Gadkari

The central government’s highway award and construction target for the current fiscal is dominated by the Bharatmala scheme. The Union transport ministry will be walking a tightrope this......

SC asks Jaiprakash realtors to deposit Rs 100 cr by May 10

The Supreme Court on Monday directed realty firm Jaiprakash Associates Limited to deposit Rs 100 crore with its registry by May 10.            The bench, headed by......

ICICI, HDFC plan to sell 50% stake in Prize Petro

ICICI Bank and HDFC Bank plan to sell their 50 per cent stake in state-owned Hindustan Petroleum Corporation Ltd's oil exploration firm, Prize Petroleum Co Ltd to a strategic investor, a company......

India on track for 2011 F1 race

Construction of India's Formula One track would not be affected by the global financial meltdown and it would be ready for its inaugural race in 2011, according to the head of the construction......