Wednesday, March 12, 2008

Jaiprakash - Update

Jaiprakash Infratech, wholly owned subsidiary of Jaiprakash Associates is set to raise around Rs 1,000 crore through private placement to ICICI Venture, repirts The Hindustan Times. The realty venture of Jaiprakash Associates that owns Taj Expressways and around 3000 acres of land along the expressway starting from Noida, is likely to values around Rs 25,000 crore.

Link to the article: http://economictimes.indiatimes.com/articleshow/2856969.cms

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