Cement market may see more consolidation: Neeraj Akhoury, CEO India, LafargeHolcim and managing director, Ambuja CementsIndia has a huge market growth potential for LafargeHolcim and is also one of the important emerging markets in the world. Both Ambuja and ...
07 Dec, 2020, 10.51 AM IST
LafargeHolcim co-develops record-tall wind turbine towers to generate more energy at lower costTraditionally built in steel or precast concrete, wind turbine towers have typically been limited to a height of under 100 meters, as the w...
18 Jun, 2020, 04.50 PM IST
Man paid to do nothing was hoping for a $2 mn golden handshake. But an email ruined his chanceThe executive had been paid 16,195 euros gross a month by Lafarge without having to provide any work.
08 Jun, 2020, 12.02 PM IST
Any hike in royalty to hurt ACC and Ambuja: CLSACLSA said the absence of fresh agreement so far has created uncertainty as this fee charged by LafargeHolcim is at a higher rate in most ot...
07 Mar, 2018, 08.06 AM IST
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.
27 Feb, 2018, 07.59 AM IST
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...
10 May, 2017, 04.16 PM IST
ACC to explore possibility of a merger with Ambuja CementThe filing says that no decision has been taken on the merger and the company will decide after receiving recommendations from the special ...
05 May, 2017, 07.15 PM IST
- 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."
20 Jul, 2016, 11.06 PM IST
Lafarge to sell India assets to Nirma for $1.4 billionThe deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of Indi...
11 Jul, 2016, 06.14 PM IST
Dalmia Bharat, Shree Cements in race for LafargeHolcim's Sri Lankan operationsPost the $45-bn merger between Lafarge & Holcim, the combined entity had announced its target of achieving free cash flow of 3.5-4 bn Swiss...
10 Jun, 2016, 11.17 AM IST
JSW Cement, Blackstone submit bids for LafargeHolcim's cement assets worth Rs 10,000 croreBlackstone and Sajjan Jindal-Led JSW Cement are among the bidders for LafargeHolcim's Indian cement assets worth Rs 10,000 crore.
13 Apr, 2016, 05.38 PM IST
LafargeHolcim to benefit from government's infra spending: Moody'sIndia's Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant ceme...
11 Apr, 2016, 07.21 PM IST
LafargeHolcim gets CCI go-ahead for India divestment planThe proposed divestment is key to get the approval of the CCI for the multi-billion dollar merger between Lafarge and Holcim announced last...
09 Feb, 2016, 12.09 PM IST
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...
04 Feb, 2016, 02.07 PM IST
LafargeHolcim hires new CFO Ron Wirahadiraksa away from PhilipsWirahadiraksa has been Philips' CFO since 2010, having taken the role from a previous posting as a cost cutter within the company's Asian h...
12 Oct, 2015, 12.40 PM IST
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.
10 Jul, 2015, 01.11 PM IST
'LafargeHolcim to be largest cement, concrete firm'Holcim and Lafarge, with combined sales of 32 billion euro, said the merger plan was unanimously approved by their Boards and fully support...
07 Apr, 2014, 05.02 PM IST