Jaypee Infra plans Rs 2,600 crore IPO

Infrastructure company Jaypee Infratech Ltd, a part of Jaypee Group, has planned to go public with a Rs 2,600-crore IPO in the next two months. The company has filed the Draft Red Herring......

ICICI pays $800 mn for Jaypee Infra stake

In the largest private equity deal in the country ICICI Venture Funds Management Co has concluded a $800 million (Rs 3,200 crore) deal to buy a minority stake in Delhi-based Jaypee Infratech, a......

Decade on, Jaypee Infratech customers still waiting for a home

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech projects, at least 20,000 homes are yet to be delivered. Illustration: Uttam Ghosh/Rediff.com......

Road sector alone saved Rs 3 trillion worth of loans: Gadkari

Gadkari, who handles key infrastructure-related portfolios, said there is no problem with the road sector at present and money is not an issue anymore. As banks work overtime to resolve dud loans......

2014 Indian F1 GP dropped; race will be held in March 2015, say organisers

In a huge dampner for Formula One enthusiasts in India, the 2014 Indian Grand Prix was on Tuesday dropped following a rejig in racing calendar for the coming year, according to race organisers......