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Wanted to add capacity to Gujarat: KM Birla

Watch out the exclusive interview with Kumar Mangalam Birla, Chairman of the Aditya Birla Group, post the acquisition of JP Associates Gujarat cement plant.Quotes...
Source : Yahoo Finance |
Category : Personal Finance

‘JP Associate-UltraTech deal valuation looks reasonable’

Check out what brokerages have to say about the JP Associate and UltraTech Cement deal.Quotes...
Source : Yahoo Finance |
Category : Personal Finance

See uptick in demand, prices; 14% FY14 margins: JK Lakshmi

Shailendra Chouksey, Wholetime Director, JK Lakshmi Cement spoke about cement sector and cement prices in an interview to CNBC-TV18....
Source : Moneycontrol |
Category : Business

Aditya Birla Group to acquire Gujarat cement for Rs 3,800 crore

Aditya Birla Group firm UltraTech Cement Ltd Wednesday said it will acquire Gujarat Cement unit of Jaypee Cement Corp Ltd for Rs 3,800 crore.UltraTech Cement will acquire the Gujarat Cement Unit of Jaypee Cement Corp Ltd. Gujarat Cement Unit comprises of an integrated cement unit at Sewagram and grinding unit at Wankbori, the company said in a statement.The combined capacity of both the divisions is...
Source : Asianage |
Category : National | City : New Delhi

Expect debt of 220cr from JP's Bokaro unit: Dalmia Bharat

Singhi, for this Bokaro plant, 100 percent sourcing will be done from JP’s plant as the company has a 30 years contract for supply of clinker, which is fully assured for the Bokaro unit. Dalmia Bharat plans to fund the acquisition both via equity and debt.Below is Mahendra Singhi’s interview with Latha Venkatesh and Sonia Shenoy on CNBC-TV18.Latha: You have bought the JP Cement plant, what exactly...
Source : Moneycontrol |
Category : Business

CCI approves acquisition of cement plants of Jaypee

Ultratech and Jaypee are engaged in the manufacture and marketing of different varieties of cement across India.The Competition Commission of India (CCI) has approved the proposed acquisition of cement plants of Jaypee Cement Corporation Limited, comprising an integrated cement unit at Sewagram and grinding unit at Wanakbori in Gujarat by Ultratech Cement Limited (Ultratech). Jaypee Cement Corporation...
Source : Indiainfoline |
Category : Business

2 Bedroom Independent House for rent in JP Nagar Phase 7, Bangalore

#Ashraya, 1st Cross, 24th Main, JP Nagar Phase 7, Bangalore - 560078 (Karnataka)the average for an Independent Houses for rent in JP Nagar Phase 7, Bangalore...
Source : Propertywala |
Category : Others | City : Bangalore

India Cements to merge with two subsidiaries

Board of cement manufacturer India Cements Ltd today approved the amalgamation of Trinetra Cement Ltd and Trishul Concrete Products with the company."The Board of Directors at the meeting held today approved the proposal for amalgamation of Trinetra Cement Ltd and Trishul Concrete Products with India Cements Ltd subject to all regulatory approvals," city-based India Cements said in a statement."Consequent...
Source : Ndtv |
Category : Others | City : Chennai

169 bags of low quality cement seized in Jammu

Police seized 169 bags of low quality cement from a shop in this winter capital of the state. Acting on a tip-off, police party last evening raided a cement shop of one Subhash Chander, resident of Talab Tillo and seized 169 bags of Ambuja and ACC Cement. The cement dealer was selling low quality cement as Ambuja and ACC Cement to make profits during the process, police said , adding that...
Source : Webindia123 |
Category : National

Expect Lafarge, ACC to merge into Ambuja: Ican Investment

Holcim is the parent company of Indian cement majors, ACC and Ambuja Cements. Lafarge was acquired by Holcim to create the world's biggest cement maker, with USD 44 billion of annual sales.Holcim is the parent company of Indian cement majors, ACC and Ambuja Cements. Lafarge was acquired by Holcim to create the world's biggest cement maker, with USD 44 billion of annual sales.Speaking to CNBC-TV18’s...
Source : Moneycontrol |
Category : Business