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RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...- NCLAT upholds NCLT order on distribution of funds from a resolution planThe National Company Law Appellate Tribunal has rejected a plea from five banks. They challenged fund distribution to SBI and Punjab Nation...
- Ambuja Cements completes acquisition of promoters' 37.8% stake in Orient CementAdani Group-owned Ambuja Cements has completed the acquisition of 37.8 per cent promoters' stake of CK Birla group firm Orient Cement Ltd (...
- Orient Cement Q4 Results: Net profit rises marginally to Rs 68 croreCK Birla group firm Orient Cement Ltd on Wednesday reported an increase of 1.21 per cent in net profit to Rs 68.19 crore for the March quar...
- Dalmia OCL acquires GSB Group GmbH, its first overseas buyThe takeover will give Dalmia-OCL access to customers in the heart of steel and refractory making belt in Europe.
- Dalmia Bharat, OCL India plan merger to create cement giantOCL will merge with Dalmia Bharat Limited, which will issue fresh shares for the public shareholders in lieu of their ownership in OCL.
- OCL India Q2 profit soars 154% to Rs 86 croreThe total expenses increased to Rs 616.35 crore over Rs 572 crore in the corresponding quarter previous fiscal.
- Except OCL to merge with Dalmia Bharat soon; handsome returns likely: Mehraboon IraniOCL is at least 65 per cent cheaper than Dalmia Bharat and I see both these companies merging together, says Irani of Nirmal Bang Securitie...
- Dalmia Bharat could rise as high as Rs 1,800 in 2 quarters: Mehraboon IraniThe biggest mistake investor do is when they look at the way the price has moved and they feel oh, badh gaya I should not be buying.
- OCL India to merge Dalmia Cement East with itselfLaunching a premium cement brand Amandeep said that OCL's market share in West Bengal is 15-16 per cent, making it the second-biggest playe...
- Dalmia Cements hikes stake in OCL India to 74.6%The company had 48 per cent stake in OCL India, which has plants in Odisha and West Bengal with a combined capacity of 5.35 million tonnes ...
- Dalmia Cement raises stake in OCL to 74.6 per centThe move is part of Dalmia Cement's consolidation strategy. OCL India is one of the largest cement entities in Eastern India.
- Balco, Jaiprakash Power Ventures and OCL Iron & Steel bag one mine eachBalco beat Godawari Power & Ispat Ltd, Hindalco Industries, Prakash Industries, Rungta Mines and Ultratech Cement for the mine in Chhattisg...
- Dalmia Bharat, OCL India in talks for a mergerAs part of the mega restructuring plan Dalmia Bharat will also merge its unlisted arm Dalmia Bharat Enterprises with itself.
- OCL India commissions Rs 615 crore cement unit in West BengalIncidentally, the grinding and mixing unit was formally operationalised at an event attended by chief minister Mamata Banerjee.
- OCL India clocks Rs 32 cr net profit in Jan-March quarterOCL India, earlier known as Orissa Cement, today reported Rs 31.76 crore net profit for the January-March quarter.
- OCL to gain from firm demandCement biz in the east rings in higher profits; steel industry revival drives refractory biz.
- OCL India Q4 net up 138pc at Rs 55 croreCement maker OCL India today said its net profit jumped over two-folds to Rs 55 crore in the quarter ended March 31, 2010.
- Dalmia Cement raises stake in OCL to 45.4%Dalmia Cement (Bharat) has increased its stake in OCL India to 45.4 per cent from 21.7 per cent at an investment of Rs 177 crore as part of...
- Dalmia Cement hikes stake in OCL to 45%Dalmia Cement has scaled up its holding in OCL by 23% to 45% through inter-se transfer. It has bought a 22% stake, which was held by its ch...
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