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Antitrust body raids cement giants UltraTech, LafargeHolcim units

Manufacturing

10 December, 2020

Antitrust body raids cement giants UltraTech, LafargeHolcim units

India's antitrust body on Wednesday conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement ......

Premium
Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

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Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

Finance

29 June, 2020

Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

A Russian and a South Korean company are at the top of the list of 20 biggest multinational corporations in ......

Nirma inks $770-mn deal to acquire Emami Cement

Manufacturing

06 February, 2020

Nirma inks $770-mn deal to acquire Emami Cement

Nirma Group has signed a binding agreement to acquire the cement business of diversified conglomerate Emami Group for an enterprise ......

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

General

16 January, 2020

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

Emami Group’s cement assets received four binding offers from Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), Ambuja Cements, ......

Ambuja Cement, ACC shelve merger plan; shares slip

Manufacturing

27 February, 2018

Ambuja Cement, ACC shelve merger plan; shares slip

Ambuja Cement Ltd slid as much as 4.8 percent and ACC Ltd fell as much as 2.2 percent after the ......

Top M&A deals in India

General

29 December, 2016

Top M&A deals in India

Merger and acquisition activity in India perked up this year thanks to a few multi-billion-dollar deals that companies struck either ......

LafargeHolcim ups stake in ACC, Ambuja Cements for $320 mn

Commodities

15 November, 2016

LafargeHolcim ups stake in ACC, Ambuja Cements for $320 mn

LafargeHolcim, the largest cement producer in the world and the second-largest in India behind UltraTech Cement Ltd, has raised its ......

Tribunal stays Lafarge's India asset sale

Manufacturing

14 April, 2016

Tribunal stays Lafarge's India asset sale

The Competition Appellate Tribunal has stayed Lafarge India Pvt Ltd's sale of its cement capacity of 11 million tonnes, in ......

Lafarge considers revised plan for India business

Manufacturing

04 February, 2016

Lafarge considers revised plan for India business

LafargeHolcim, the world’s biggest cement maker, said on Thursday it is considering a revised plan to sell Lafarge’s India operations ......