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NIRMA CEMENT PLANT
Nirma Group company outbids Ambuja in insolvency sale of Vadraj CementNirma Group-backed Nuvoco Vistas has offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group during a court-monitored corpora...- Nuvoco Vistas likely to file DRHP for Rs 5,000 crore IPO this weekThe IPO includes a fresh issue of Rs 1,400-1,500 crore and an offer for sale of Rs 3500 crore by the promoters, according to market sources.
- Nuvoco Vistas to buy Emami Cement business for Rs 5,500 croreThe sale also includes all the assets and mining leases on 300 million tonnes of limestone deposits.
- Nirma eyes Rs 4,000 crore IPO for cement armIn July 2016, the firm stunned India Inc by outbidding rivals JSW Cement & Piramal Enterprises to acquire Lafarge's India business.
- Nirma raises Rs 4,000-crore debt to fund Lafarge dealThe Rs 4,000-cr 5-year bond sale by Nirma offering a yield of 8.68% was oversubscribed 1.5 times. This is the largest rupee bond sale for a...
- Detergent major Nirma raises Rs 4,000 crore debt to fund Lafarge dealOn July 11, Swiss cement giant Lafarge-Holcim had announced that it had entered into an agreement to sell its assets in Lafarge India to Ni...
- 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...
- How Hiren Patel, the son of Nirma founder Karsanbhai Patel, revitalised the groupIt out smarted bigger rivals and savvier deal-makers like Ajay Piramal and Sajjan Jindal’s JSW Cement to bag Lafarge Cement for $1.4 billio...
- Nirma trumps bigger rivals like Piramal, JSW to win Lafarge Cement assets for $1.4 billionThe Lafarge purchase will help Nirma shoot up the rankings and straight away emerge as a mid-sized player in east, north and west India.
- 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...
- Gujarat Elections: Mass agitation to electoral battle; litmus test for BJP rebelThough Kalsaria has been successful on BJP ticket, the question is will he be able to retain his seat and make his associates win.
- Gujarat villagers cement unity against a factoryGujarat CM Narendra Modi, known to brook no protest, has been forced to live with the open defiance of one of his MLAs.
- Green Tribunal to hear farmers NGO against Nirma cement plantNational Green Tribunal agreed to hear a body of farmers and villagers in the case filed by Nirma Ltd against environment ministry's decisi...
- SC slams MoEF for outsourcing green report to project promoterThe ministry of environment and forest found itself in a spot in the Supreme Court on Friday for asking Nirma Ltd to prepare a study on the...
- MoEF changing stance on Nirma plant: KalsariaMahuva MLA Dr Kanu Kalsaria, who has been leading a fight against setting up of a cement plant by Nirma, said that Union environment minist...
- Nirma's Bhavnagar Cement plant has to relocate: MoEF tells SCThe MoEF informed the SC that the cement plant of Nirma Industries in Bhavnagar district is situated in an environmentally sensitive wetlan...
- SC denies relief to Nirma cement plantThe Supreme Court has not granted interim relief to Nirma for its proposed cement plant at Bhavnagar in Gujarat.
- Supreme Court denies relief to Nirma cement plantThe Supreme Court has not granted interim relief to Nirma for its proposed cement plant at Bhavnagar in Gujarat.
- Nirma terms MOEF directions to halt work at cement plant as "illegal"In reply to MOEF asking Nirma to halt work on its cement plant at Bhavnagar, the company said that the orders had no binding on it and term...
- Nirma scraps cement plansAfter dilly-dallying for over two years, FMCG major Nirma has shelved its plans for a foray into the cement sector.
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