LafargeHolcim
LafargeHolcim plans to merge ACC and Ambuja Cements
05 May 2017
The merger of ACC and Ambuja Cements, which are part of LafargeHolcim, will create the largest cement company in India overtaking the current leader UltraTech
Competition Tribunal stays Lafarge's India asset sale
14 Apr 2016
The tribunal’s decision comes as a setback to the global merger between French cement giant Lafarge and Swiss building materials firm Holcim
Lafarge may exit India as plan to sell part capacity to Birla Corp fails
06 Jan 2016
The decision comes after Lafarge failed to sell 5.15-mt of its cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for Rs5,000 crore, as the M P Birla group failed to secure limestone mining rights for the two units
LafargeHolcim hires Ron Wiradhadiraksa as chief financial officer
12 Oct 2015
LafargeHolcim today replaced chief financial officer, Thomas Aebischer with Ron Wiradhadiraksa from Philips
Birla Corp to buy two cement plants in eastern India from LafargeHolcim for Rs5,000 cr
18 Aug 2015
The mega deal requires approval from regulators in around 17 countries, and the two companies would have to sell assets worth more than $11 billion to comply with competition concerns
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
