19 Jun, 2013
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Thursday, January 24, 2013 - 10:36 IST
Jaiprakash defers share sale in Jaypee Infra after prices fall
BY Reuters
Jaiprakash Infratech, which builds roads and homes, had planned to sell 98.5 million shares on Thursday to raise up to $94 million.
Engineering and construction company Jaiprakash Associates Ltd has deferred a planned sale of shares in its unit Jaypee Infratech after share prices of the subsidiary fell 8.5 per cent on Wednesday, the parent company said.
"In view of...
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