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LAFARGE 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...
- 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."
- Yes Bank negotiating Rs 4,000-crore credit line for Nirma-Lafarge deal; Credit Suisse, Barclays offer loans tooYes Bank has offered a Rs 4,000-4,500 crore credit line to Nirma through a combination of loans and bonds for a 10-year period at an aggres...
- Piramal Group, Nirma and JSW Cement among five final contenders to buy Lafarge IndiaMexico’s Cemex and China’s Anhui Conch Cement have emerged the dark horses, as the final five get ready to submit binding bids today.
- Ajay Piramal eyes Lafarge's India business; chooses cement as his next big playBacked by his belief in the long-term India growth story, Piramal looks poised to place a mega bet on cement.
- 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.”
- Lafarge-Holcim merger gets CCI approval; will have to divest two cement plantsThe pre-combination market share of Holcim in the relevant market for the eastern region is around 25% and that of Lafarge is around 16%.
- 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...
- Coalgate: Gujarat Ambuja Cement, Grasim Industries coal blocks face cancellationIMG has recommended de-allocation of two coal blocks held by five companies, including Gujarat Ambuja Cement, Grasim Industries and Lafarge...
- Inter-ministerial group recommends de-allocation of two more coal blocksIMG has recommended de-allocation of two more coal blocks held by five firms including Ambuja Cement, Grasim Industries and Lafarge.
- Ramesh petitioned against Lafarge plant in MeghalayaThe proposed plant is a threat to numerous cave systems and environmental clearance should not be granted to it, cave research body has pet...
- Get fresh EIA, SC tells LafargeSC on Monday insisted that limestone mining in Meghalaya's dense forest by French multinational Lafarge for its cement plant could not be r...
- Lafarge can’t do limestone mining in Meghalaya: SCIn what could spell trouble for the French cement giant Lafarge’s $255 million cement plant in Bangladesh, the Supreme Court on Friday in a...
- Nod for 20 FDI proposals of Rs 1,960 crThe government has cleared 20 foreign direct investment (FDI) proposals worth Rs 1,962.05 crore, including a Rs 924-crore deal involving UT...
- Govt approves 20 FDI proposals worth Rs 1,962 crThe government has cleared 20 foreign direct investment proposals that will bring in Rs 1,962.05 crore, including Rs 924 crore by UTV Softw...
- 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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