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SWISS MAJOR HOLCIM
Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...- 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...
- 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.
- Holcim-Lafarge rescue mega merger after agreeing to new termsHolcim also said that certain key shareholders of both companies had confirmed their support for the revised merger terms, without naming t...
- Holcim-Lafarge talks gather steam to salvage mergerA preliminary agreement on adjusted financial terms and leadership changes could be reached as early as today, according to the people.
- Merger with Lafarge in India on track: HolcimFrench cement maker Lafarge has four manufacturing plants at Chhattisgarh, West Bengal, Rajasthan and Jharkhand in India.
- ACC likely to buy Jaypee's stake in two cement joint ventures with SAILThe Swiss building material major Holcim-controlled ACC has been in talks with the debt-ridden JAL for quite sometime and an announcement i...
- Holcim's India operation restructuring plan gets FIPB nodSources said the complex deal was cleared by the Foreign Investment Promotion Board (FIPB) at its meeting today.
- Ambuja, ACC stocks tank post Holcim's restructuring planShares of Ambuja Cements today fell 10.5% after Holcim said it will increase stake in the company as part of restructuring plans.
- Holcim rejigs India structure; tweaks holding in Ambuja, ACCHolcim's stake in Ambuja will rise to 61.39 per cent, from a little over 50 per cent after merger of Holcim India with Ambuja.
- ACC clocks 3.55 pc rise in October salesCement maker ACC today reported a 3.55 per cent increase in its October sales at 2.04 million tonnes.
- ACC and Gujarat Ambuja pick three audit firms for evaluating fee hike proposal by HolcimThe cement majors will finalise the auditor soon and recommendations for the new fee structure will be put up before the boards by mid-Dec.
- Holcim group firms' 2010 sales up 2.7% to 41.29 mn tnCement makers ACC Ltd and Ambuja Cements, which are controlled by Swiss major Holcim, have recorded a combined sales growth of 2.7 per cent...
- ACC top execs get Holcim sharesShares of Swiss cement maker Holcim is now part of the remuneration of the senior managers of ACC.
- SAT waives Rs 25 cr penalty on HolcimIn a major relief to Swiss cement maker Holcim, Securities Appellate Tribunal (SAT) today set aside a Rs 25 crore penalty imposed on the co...
- Holcim buys 11% more in ACIL at Rs 589 crSwiss cement giant Holcim has decided to take complete control of Ambuja Cements India (ACIL), the local company through which it controls ...
- Holcim picks up 3.9 pc stake in Ambuja CementsHolcim's subsidiary Holdering Investments bought six crore equity shares, representing 3.9 per cent stake, of Ambuja Cements at a price of ...
- Holcim may up Ambuja Cement stakeFund managers are betting that Holcim, the majority shareholder in Ambuja Cements, may announce another buyback of shares - to hike its sta...
- Holcim to build ACC, GACL synergySwiss cement major Holcim may appoint some management consultants to provide advice on combining some of the best practices and processes i...
- All in a day: FIPB clears Rs 4k cr of investmentFriday was a good day for foreign investment in the country, with the FIPB clearing deals worth over Rs 4,000 crore.
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