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EARNINGS REPORT - Lincoln Pharma Consol Total Income At Rs 120 Cr Vs Rs 129 Cr YoY EARNINGS REPORT - Lincoln Pharma Q4 Consol PAT At Rs 98 Lk Vs Rs 4 Cr YoY

Will Cut Debt By Rs.1,300 Cr Post Ultratech Deal: Manoj Gaur

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September 12: After selling its Gujarat cement unit to Ultratech, Jaypee Group Chairman Manoj Gaur says the deal will reduce Jaypee’s Rs.23,000 crore debt by 15%. Calling the economic contraction a challenge, he hints at a possibility of further divestments in cement, power and other segments. Referring to the share transfer part of the deal, he says, “Ultratech is a gold-chip company and the option of a share sale is always open.”