Nayara Energy appoints Rajani Kesari as Chief Financial OfficerKesari is a Chartered Accountant and a Cost Accountant. She is also a Certified Public Accountant from American Institute of Certified Publ...
12 Nov, 2022, 03.31 PM IST
Gautam Adani’s biggest M&A: Acquires Ambuja Cement, ACC from Holcim for $10.5 bnAdani has pipped Sajjan Jindal-led JSW Cement, the other serious contender in the race for Holcim Holdings' listed cement assets in India A...
16 May, 2022, 04.06 PM IST
Ultratech makes a formal bid for Holcim's India assetsThe JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...
11 May, 2022, 09.54 PM IST
Adani lines up financing, frontrunner for Holcim India's assets worth $10 billionSwitzerland-based Holcim that globally merged with French rival Lafarge in 2015 to create a mega entity LafargeHolcim – a European cement a...
26 Apr, 2022, 12.37 PM IST
Holcim's exit may narrow imbalance in cement market, aid pricing powerAmbuja Cement has a grinding capacity of 31.4 million tonnes per annum (mtpa) and plans to expand to 39.9 mtpa by December 2024. ACC has a ...
19 Apr, 2022, 06.42 AM IST
Ambuja, ACC on block as Holcim has India rethinkHolcim is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels. Both are...
14 Apr, 2022, 03.43 PM IST
Ambuja Cements begins commercial production at Marwar Plant in Rajasthan“The plant has deployed all modern equipment and technology to produce cement in a more environmentally friendly manner. It has a Waste Hea...
01 Oct, 2021, 07.17 PM IST
Ambuja Cement to carry out a cleanup initiative at Narendra Modi Stadium“Our collaboration with BCCI, brings us a step closer to building a cleaner future. Our waste management division, Geocycle has taken many ...
16 Mar, 2021, 09.18 PM IST
ACC and Ambuja Cements place merger plans on holdBoth ACC and Ambuja notified the stock exchanges on the decision to put off the merger talks.
27 Feb, 2018, 07.59 AM IST
Ambuja-HIPL merger effective from today: ACCOn the effectiveness of the Scheme, all assets of HIPL, including around 9.39 crore shares of ACC, (constituting 50.05 per cent of the paid...
12 Aug, 2016, 11.41 PM IST
Lafarge to sell India assets to Nirma for $1.4 billionThe deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of Indi...
11 Jul, 2016, 06.14 PM IST
LafargeHolcim to benefit from government's infra spending: Moody'sIndia's Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant ceme...
11 Apr, 2016, 07.21 PM IST
Birla Corp pips global giants to scoop up Lafarge India’s eastern assets for Rs 5000 croreThe transaction would be funded through existing cash reserves and incremental debt, and is subject to approval of Competition Commission o...
18 Aug, 2015, 10.07 AM IST
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.
10 Jul, 2015, 01.11 PM IST
H&M gets Foreign Investment Promotion Board nod, plans to invest Rs 720 croreSwedish clothing giant Hennes & Mauritz AB today got the FIPB approval to invest about Rs 720 crore for opening stores across the country.
14 Nov, 2013, 05.53 AM IST
Ambuja stock lags behind ACC, UltraTech over Holcim dealAnother factor that has resulted in a tepid investor interest in the stock of Ambuja Cements is its geographical presence.
11 Oct, 2013, 07.06 AM IST
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.
25 Jul, 2013, 08.25 AM IST