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Jaypee Group Debt Latest News

  • The Buddh International Circuit (BIC) has been hit by issues once again as the Yamuna Expressway Authority cancelled the allotment of 1000 hectares of land in Greater Noida to the Jaypee group on Saturday. India's first and only F1 track is located in this land as part of the Yamuna Expressway Industrial Development Authority's (YEIDA) special economic zone. The cancellation arises due to the promoters' non-payment of dues across multiple projects that prompted the authorities to take the action. The decision was taken in YEIDA's 66th board meeting.
    F1: Jaypee Group Loses 1000 Hectares Of Land Used For The Buddh International Circuit

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  • The team announced the sale on Wednesday with immediate effect, meaning Caterham will be under new ownership and management for this weekend's British Grand Prix.
    F1 Team Caterham Sold to Kolles-Led Group
  • Nissan Group India has sold a total 5,301 vehicles in April 2014 as against 1,239 vehicles sold in April 2013. Of the total vehicles sold by the company in the month Datsun GO contributed more than half with 2691 units.
    Datsun GO Drives Nissan Group India Towards Growth in April
  • The Volkswagen Group is celebrating the 40th anniversary of the Golf and what better way to do it than by introducing the new Golf Edition concept. The German car manufacturer unveiled the car at the Beijing Motorshow.
    Volkswagen Group celebrates 40 years of the Golf with a special edition concept
  • Volkswagen has disclosed plans to show a radical Golf R 400 concept at the 2014 Beijing Motor Show. The Golf R 400 is an even more extreme concept version of the already powerful Golf R hatchback.
    Volkswagen Group releases sketches of the Golf R400 heading to Beijing