Jaypee revives talks with JSW

Jaypee revives talks with JSW

The top officails, including Manoj Gaur, Executive Chairman and CEO of Jaypee Group, met Sajjan Jindal, Chairman on JSW Steel, to discuss the acquisition, the report says. To improve its finances, Jaypee Group has revived its negotiations with JSW to sell its entire 20-22 mn t cement portfolio. Jaypee Group is debt-ridden, with an outstanding debt of around Rs 75,000 crore.

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