A security guard walks towards residential buildings under construction at the Jaypee Wish Town Project, developed by Jaypee Infratech. (Photographer: Prashanth Vishwanathan/Bloomberg)

Jaypee Infratech Lenders Start Negotiations On NBCC’s Bid As Per NCLAT Order

State-owned NBCC (India) Ltd. is unlikely to dilute certain conditions, including exemption from tax liability, in its offer for debt-laden Jaypee Infratech Ltd. but is ready to negotiate on the pr...