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HOLCIM GROUP
Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
- Gautam Adani’s biggest M&A: Acquires Ambuja Cement, ACC from Holcim for $10.5 bnAdani has pipped Sajjan Jindal-led JSW Cement, the other serious contender in the race for Holcim Holdings' listed cement assets in India A...
- No tax liability, indemnity in sale of Ambuja Cements, ACC to Adani Group: HolcimThe new buyers of Ambuja Cement and ACC will be liable for the anti-trust fines against the two companies which are presently being litigat...
- Ultratech makes a formal bid for Holcim's India assetsThe JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...
- Holcim deal talks with Adani, JSW enter last legThe third likely contender, Kumar Mangalam Birla's UltraTech, has not yet held any such deliberations, though it's pushing to join the fray...
- Adani lines up financing, frontrunner for Holcim India's assets worth $10 billionSwitzerland-based Holcim that globally merged with French rival Lafarge in 2015 to create a mega entity LafargeHolcim – a European cement a...
- Ambuja, ACC on block as Holcim has India rethinkHolcim is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels. Both are...
- Government allows Ambuja Cement to acquire 24% stake in holding firmThe CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
- Swiss cement giant Holcim CEO Bernard Fontana steps downSwiss cement giant Holcim announced that its Chief Executive Officer Bernard Fontana will step down from his position.
- Ambuja Cements rallies even as Q1 net falls 38.9%Ambuja Cements rallied over 4% in intraday trade despite the company reporting a plunge of 38.9 per cent in its standalone net profit.
- Bullish on Holcim Group and UltraTech Group: Deven ChokseyAt this point of time cement remains very positive given the kind of infrastructure led activity which is happening in the economy.
- Holcim, Lafarge begin divestment to adhere to Competition Commission of India standardsHolcim and Lafarge begun an internal process to identify the assets to be divested to adhere to Competition Commission of India's requireme...
- Expect 10-15% upside in Holcim Group, Ambuja and UltraTech: Deven ChokseyThe larger cement firms like Holcim Group and UltraTech would be favourable and that could possibly help some amount of pricing advantage i...
- Ambuja to be flagship entity for Holcim's India operations with ACC as a subsidiaryHolcim to hike stake in Ambuja to 61.3% while Indian firm will buy out Swiss co's 50.1% in ACC.
- ACC to invest Rs 3,330-crore on expansion plan by 2015Leading cement manufacturer ACC today announced an investment of Rs 3,300 crore by 2015 to set up three grinding units and a clinker facili...
- Holcim raising stake in ACCThe world’s second largest cement maker Holcim Group has started strengthening its stake in its Indian subsidiary ACC through creeping acqu...
- Cement demand firms up, but prices unlikely to riseDemand for cement has surged following the end of the monsoon, helping large cement makers clock a strong double-digit growth in despatches...
- Entries open to Holcim's awards for sustainable constructionThe Switzerland-based Holcim Foundation for Sustainable Construction, a part of the cement major, Holcim Group, has announced the third edi...
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