Don’t miss the latest developments in business and finance.

NBCC sweetens bid for Jaypee Infratech, offers lenders land parcels worth Rs 5k cr

Image
Press Trust of India New Delhi
Last Updated : Apr 25 2019 | 5:55 PM IST

State-owned NBCC has sweetened its bid to acquire debt-ridden Jaypee Infratech and has now offered to give lenders Rs 5,000 crore worth land parcels, sources said.

The public sector enterprise, which is also completing some projects of Amrapali Group on the Supreme Court's direction, had offered lenders land worth Rs 3,000 crore in its earlier resolution plan submitted a couple of months back. It had also offered the

Also Read

First Published: Apr 25 2019 | 5:55 PM IST

Next Story