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Jaypee To Dump Ultratech Deal?

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Jaypee To Dump Ultratech Deal?

E
ET NOW

13 Views • Jul 05, 2016

Description

Even as reports suggest that Kumar Mangalam Birla is insisting on tweaking the mega cement with Jaiprakash Associates, it now appears that JP promoter - Manoj Gaur actually wants to walk out of the deal. Sources tell ET NOW that Gaur is banking on deep debt restructuring and it may have triggered a hope of turn around in Manoj Gaur's mind. Listen in.