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VAN DER WEIJDE
Ambuja Cements, ACC to see top-level rejig with MDs of both companies offering to resignAmbuja Cements and ACC, the Indian arms of global cement company Holcim, are likely to see top-level management changes.- ACC-Ambuja rejig, Holcim sees big management shake-up in India operations: ReportsTwo independent sources with direct knowledge share that MD of Ambuja Cements Onne Van Der Weijde and that of ACC, Kuldip Kaura have offere...
- 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.
- Holcim to form panel to integrate Ambuja, ACC OperationsAmbuja Cements' MD Onne van der Weijde will head the panel which will comprise managing director of ACC Kuldip Kaura and Ambuja Cements CEO...
- Deal with Holcim is a win-win situation: Ambuja Cements’ MD Onne van der Weijde"For Ambuja’s minority shareholders this is a fantastic deal. This is an acquisition of ACC at market price and that is very attractive."
- Ambuja to be flagship entity for Holcim's India operations with ACC as a subsidiaryHolcim to hike stake in Ambuja to 61.3% while Indian firm will buy out Swiss co's 50.1% in ACC.
- 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.
- Holcim rejigs Indian operations, Ambuja cements and ACC to mergeWorld's fourth-largest cement producer, plans to carry out a substantial restructuring of Indian ops include a much-anticipated merger betw...
- Accounting firms Haribhakti, DB Desai join forces to take on 'Big Four'Kolkata-based DB Desai & Co has signed an agreement to buy a large stake in Haribhakti group started by VV Haribhakti in a tiny office at H...
- Teaching leadership is easier than practising it: Nitin Nohria, Dean, Harvard Business SchoolTeaching leadership is much easier than being a leader. Staying focussed on your priorities is a must, feels Nitin Nohria, Dean, Harvard Bu...
- ACC profit flat at Rs 405 cr in March quarterACC, the country's second-largest cement maker, on Thursday announced a flat net profit in the March quarter, as its sales grew marginally.
- Ambuja Cements' net up 38.3 per cent at Rs 462 cr in Q1Cement producer Ambuja Cements Ltd on Thursday said its net profit rose 38.35 per cent to Rs 462.19 crore in the first quarter ended March ...
- Cement firms’ Q2 advance tax fallsA slowdown seems to be catching up with the construction sector, if the 35% decline in advance tax payments of cement companies in Septembe...
- Holcim scoops up ACC shares to cement controlSwiss cement major Holcim is increasing its stake in ACC, one of India’s leading cement companies, through open market purchases in an atte...
- Another takes the exit: AK Jain quits as ACC directorACC, India’s second-largest cement company, seems to be still in the throes of an organisational restructuring process as yet another membe...
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