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HOLCIM INDIA PVT LTD
ACC and Ambuja Cements place merger plans on holdBoth ACC and Ambuja notified the stock exchanges on the decision to put off the merger talks.- LafargeHolcim lays ground for merger of ACC and Ambuja, gets closer to rival UltraTechThe combined capacity of ACC and Ambuja, at 63.06 million tonnes annually, will help LafargeHolcim inch closer to rival UltraTech Cement, t...
- Ambuja Cement Q4 net profit jumps 85% to Rs 206 croreFor the year 2016, Ambuja's net profit increased by 38.77 per cent to Rs 1,121.13 crore as against Rs 807.88 crore in 2015.
- Ambuja-HIPL merger effective from today: ACCOn the effectiveness of the Scheme, all assets of HIPL, including around 9.39 crore shares of ACC, (constituting 50.05 per cent of the paid...
- Cabinet okays Benami Bill amendments for immunity under Income Disclosure SchemeThe amendment removes conflict between provisions of the IDS that provided immunity from Benami Act condition to transfer of property to ac...
- 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."
- FIPB to take up 12 FDI proposals on May 20Other proposals pertain to companies like Veritas (lndia) Ltd, Wiska lndia, Sterling Commerce Solutions lndia and BMJ Group lndia Pvt Ltd.
- LafargeHolcim mulling divestment of cement factoriesThe divestment, it said, would require the approval of the Competition Commission of India (CCI) as an alternate remedy for the merger of t...
- Birla Corp to move court against Lafarge-Holcim over cement plants dealIn a statement to the stock exchanges, Birla Corp. said Lafarge India has informed it of “their inability to proceed with the agreement.”
- FIPB clears 5 FDI proposals worth Rs 6,050 crore, Cadila gets nodCadila will infuse equity of up to Rs 5,000 crore through issue of shares to QIBs through Qualified Institutional Placement for expansion.
- FIPB clears Cadila Healthcare, 8 other proposalsInter-ministerial body FIPB today cleared nine proposals including that of Cadila Healthcare and Volvo Asset Finance India.
- CCI tightens scrutiny; puts Holcim-Lafarge under public lensAccording to the notice, the combined entity would continue to face aggressive competition from existing players such as UltraTech, Shree C...
- Ambuja Cement profit up 6.57% to Rs 520 crAmbuja Cements today reported 6.57% increase in standalone net profit of Rs 520 crore during the January-March quarter mainly on account of...
- 12 FDI proposals worth Rs 822 crore cleared: GovernmentGovernment said it has cleared 12 foreign investment proposals, including that of Swedish fashion major Hennes & Mauritz, totalling Rs 821....
- Minority shareholders will decide on ACC-Ambuja deal: Amit Tandon, IIASIn an interview with ET Now, Amit Tandon, MD, IIAS, shares his views on the ACC-Ambuja deal.
- 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.
- 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 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 CourtThe 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 buys more ACC shares for Rs 642 crHolcim, the world's second-largest cement maker, has raised its stake in India's top cement manufacturer ACC Ltd by three per cent to nearl...
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