Comments
UltraTech Cement on Friday scrapped a deal to buy Jaiprakash Associates’ cement plants in Madhya Pradesh following a Bombay High Court order that said the mine leases cannot be transferred along with the plants. UltraTech in December 2014 had entered into a deal to buy JP Associate’s two integrated cement plants in Bela and Sidhi in Madhya Pradesh for ₹5,400 crore. Analysts and investors will closely track the development.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.