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TATA STEEL AND LAFARGE
Auto and steelmakers voice concern over complete lockdowns amid the rise of second wave of Covid-19"We should focus on the preventive spread and ensure vaccination of the workers as fast as possible. Then there is no need of a lockdown," ...- Tata Steel, Titan and Kalpataru Power among top stocks to watch todayHere is a list of top stocks that are likely to be in focus in today's trading session -
- Hindustan Zinc makes two key top-level appointmentsThe country's largest zinc producer has also brought in former CFO of Lafarge India, Sonal Shrivastava as deputy CFO.
- Government amends Mines Act, sector not rejoicing yetSome feel the government will eventually end up charging a fee for allowing such transfer of natural resources.
- Legal minefield over lease transfers queers Lafarge-Birla Corp; Ultratech-Jaypee M&A playThe ministry has asked the law ministry whether mines allotted prior to the new laws enactment could be transferred to other players.
- Birla Corp looks attractive as Lafarge deal expected to boost presenceThe decision to acquire Lafarge's two cement units in Jharkhand and Chhattisgarh will help Birla Corp to increase the capacity.
- PE funds, cement majors like CRH Plc in race for Lafarge India assets in $1 billion dealThe three will be competing with Temasek, the Singapore government's investment arm, Heidelberg, the world's third biggest cement maker.
- LafargeHolcim unlikely to dispose cement assets in IndiaLafarge and Holcim had announced the plan for a "merger of equals" to create the world's largest building materials making firm LafargeHolc...
- Barings PE to buy 14% in Lafarge India for 1,400 crorePrivate equity fund Barings Private Equity Asia will purchase a 14% stake in cement-maker Lafarge India for $256 million.
- Fire in coal conveyor system of Tata Power's plantAssistance in dousing the fire was provided by Tata Motors, Tata Steel and Lafarge, the sources said in a release.
- Lafarge India plans to raise Rs 500 crore via bond marketThe Lafarge bond issue signifies a clear trend in the Indian bond market, with a growing number of manufacturing companies coming to raise ...
- Carlyle, KKR, Temasek and TPG in race for minority holding in LafargeBulge-bracket private equity funds are in talks to buy a minority stake in Lafarge as the French cement multinational taps new avenues to f...
- 21 coal mines de-allocated for delays in production: Government58 mines were issued show-cause notices for their failure to develop blocks within stipulated time by IMG, which was assigned the task of p...
- IST Steel & Power says it is on track to start coal productionIST Steel & Power today said it fails to understand why a show- cause notice has been issued to it for delay in developing the Chhattisgarh...
- Jamshedpur, Bokaro to have airports soon; Airports Authority of India signs MoUSteel cities of Jharkhand, Jamshedpur and Bokaro will soon figure on the country's air map as the Airports Authority of India will set up a...
- Enter Cemex: Cement, too, needs consolidationCompetition will intensify as more global majors buy Indian cement companies and infuse more dynamism into a sector that has relatively lim...
- Rationalise taxes on cementThere appears to be a welcome trend of consolidation gathering momentum in the cement sector, all over again.
- Keep Jamshedpur out of Central funds ambit for Jharkhand: SCThe Supreme Court has allowed the Jharkhand government to receive funds under the Jawaharlal Nehru National Urban Renewal Mission but asked...
- Rlys may ferry cement, steel for lessCement, sugar and steel sectors would not be required to pay the busy season surcharge of 15% on freight cost.
- French co eyes Rs 800cr stake in MyHome CemAfter Lafarge, HeidelbergCement and Holcim, it’s the turn of yet another major international cement company to enter India.
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