Cement
UltraTech hopes to acquire Binani Cement with backing from lenders
09 Apr 2018
Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner
UltraTech gets CCI nod for Binani Cement bid
29 Mar 2018
UltraTech to challenge Binani sale to Dalmia-led consortium
19 Mar 2018
UltraTech Cement said the bankruptcy resolution process at Binani Cement was ‘shrouded in secrecy’ with bidders not allowed to participate in meetings, and ‘the Aditya Birla Group will not take this lying down'
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
CCI fines 11 cement firms, trade body Rs6,700 cr for cartelisation
01 Sep 2016
The order issued by the anti-trust regulator held the companies and the Cement Manufacturers’ Association responsible for "acting in concert in fixing prices of cement"
Grasim to merge Aditya Birla Nuvo in a 3:10 share swap
11 Aug 2016
The merged entity will have a portfolio of manufacturing and services businesses with a leading presence across cement, financial services, telecom, textiles and chemicals
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Market predator Hindenburg preys on Adani stock
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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