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HOLCIM INDIA
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...
ACC, Ambuja Cements rally after Holcim India dealGautam Adani's group on Sunday said it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for USD 10.5 ...
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...
Ambuja Cement to carry out a cleanup initiative at Narendra Modi Stadium“Our collaboration with BCCI, brings us a step closer to building a cleaner future. Our waste management division, Geocycle has taken many ...
- Government allows Ambuja Cement to acquire 24% stake in holding firm
The CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
Ambuja Cements, ACC to see top-level rejig with MDs of both companies offering to resignAmbuja Cements and ACC, the Indian arms of global cement company Holcim, are likely to see top-level management changes.
Holcim's India operation restructuring plan gets FIPB nodSources said the complex deal was cleared by the Foreign Investment Promotion Board (FIPB) at its meeting today.
Ambuja to seek shareholders nod for both legs of amalgamationAmbuja Cements today said it will seek approval of shareholders separately for the two-tier deal with parent Holcim, as directed by market ...
Ambuja, ACC stocks tank post Holcim's restructuring planShares of Ambuja Cements today fell 10.5% after Holcim said it will increase stake in the company as part of restructuring plans.
Ambuja Cements tanks 14% post ACC-Holcim deal; lowest since April 10The proposed deal would imply transfer of nearly all the cash from the books of Ambuja Cements to Holcim & higher stake in combined entity.
It’s reorganisation of capital, no deal, says Anil Singhvi, former MD & CEO of Ambuja CementsAnil Singhvi, chairman of Ican Investment Advisors tells ET NOW that the Holcim restructuring goes against the minority shareholders.
Holcim-Ambuja Cements deal not winsome for investorsProposed restructuring by Holcim, featuring a hike in its stake in Ambuja Cements, does not bode well for shareholders of Ambuja.
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.
Holcim rejigs India structure; tweaks holding in Ambuja, ACCHolcim's stake in Ambuja will rise to 61.39 per cent, from a little over 50 per cent after merger of Holcim India with Ambuja.
Holcim to increase stake in Ambuja Cements to 61.39%Holcim said on Wednesday it would increase its stake in Ambuja Cements Ltd as part of a restructuring of its operations in India.
- Ambuja Cement can merge with Holcim India: High Court
The Delhi High Court has paved the way for amalgamation of Ambuja Cement Pvt Ltd with Holcim Pvt Ltd, allowing their joint plea for merger.
- Holcim to build ACC, GACL synergy
Swiss cement major Holcim may appoint some management consultants to provide advice on combining some of the best practices and processes i...
- Holcim fined Rs 25 cr for breach of open offer norms
The Securities and Exchange Board of India (Sebi) on Friday slapped a penalty of Rs 25 crore on Holcim (India) for violation of Sebi’s open...