- Ultratech Cement gets high courts' nod for Samruddhi merger
Ultratech Cement today it has received the nod of the Bombay High Court and Gujarat High Court for the merger of Samruddhi Cement with itse...
26 Jul, 2010, 04.03 PM IST
- Fuel price hike to hit operating costs of cement companies
Freight costs are expected to be higher in the June 2010 quarter on a y-o-y basis, given the hike in diesel prices post budget and the last...
06 Jul, 2010, 01.04 AM IST
- Samruddhi Cement: Investors can stay put to reap benefits
Samruddhi will be shortly merged with UltraTech, in the ratio of four shares of UltraTech for seven shares held (of face value of Rs 5) of ...
30 Jun, 2010, 12.28 AM IST
- Samruddhi Cement lists at Rs 588 on BSE post Grasim demerger
Samruddhi Cement Ltd today made its debut at Rs 588 on the BSE after its demerger with Grasim Industries.
29 Jun, 2010, 10.58 AM IST
- Grasim: VSF improves business, but cement a drag
Grasim Industries improved its performance in the March 10 quarter, thanks to a strong performance in its VSF business.
21 May, 2010, 01.47 AM IST
- Cement biz fires up Grasim, Q4 profit up 15%
Grasim Industries, the Aditya Birla Group flagship, has recorded a 15% rise in consolidated net profit for the quarter ended March 31, 2010...
21 May, 2010, 01.39 AM IST
- Rising demand in South, west Asia points to better days for Ultratech
Senior company officials at Ultratech pointed out that due to the financial turmoil in UAE, assets are available at attractive prices. Also...
30 Apr, 2010, 12.40 AM IST
- Grasim gets shareholders nod for Samruddhi-UltraTech merger
Aditya Birla group company Grasim Industries today said it has received shareholders approval for the merger of Samruddhi Cement with Ultra...
26 Feb, 2010, 05.23 PM IST
- Price target for Grasim revised upward: Sharekhan
Brokerage firm Sharekhan has revised its price target upward for Grasim Industries on the back of the robust volume growth in the company's...
07 Dec, 2009, 12.22 PM IST
- Brokers bullish on UltraTech after Samruddhi Cement merger
UltraTech announced merger of a group company Samruddhi Cement with itself.
17 Nov, 2009, 01.35 AM IST
- AB Group approves merger of UltraTech with Samruddhi
The Aditya Birla Group approved a proposal to merge a newly-created unit with its existing cement subsidiary.
16 Nov, 2009, 12.10 AM IST
- AB Nuvo to spin off fin arm to unlock value
Aditya Birla Nuvo, the sole diversified company of the $29-bn Aditya Birla group, is close to finalising the details of a plan to spin off ...
15 Oct, 2009, 01.17 AM IST
- Ultratech to get financial muscle: Kumar Mangalam Birla
Ultratech Cement will have increased flexibility to borrow from the market to fund large-scale future expansions under a recently-announced...
07 Oct, 2009, 04.04 AM IST
- Grasim moves to calm investors on rejig plan
Grasim's management moved to calm investors on Monday after the stock fell the most in 11 months.
06 Oct, 2009, 03.01 AM IST
- UltraTech may make firm move on St, post-demerger
Grasim Industries appears to be well focused on re-emerging as a Viscose Staple Fibre (VSF) producer and as AV Birla's group flagship holdi...
06 Oct, 2009, 01.40 AM IST
- Restructuring long-term positive for Grasim shareholders
While some brokerage firms and rating agencies believe that the restructuring will not change the consolidated risk profile of Grasim, some...
05 Oct, 2009, 02.06 PM IST
- Grasim spins off cement biz into 100% subsidiary
Aditya Birla Group said on Saturday that it was spinning off the cement business of Grasim Industries into a wholly-owned subsidiary Samrud...
04 Oct, 2009, 12.38 AM IST