CHENNAI: N Srinivasan (80) resigned as the vice-chairman & MD of India Cements on Wednesday, a day after the company became a subsidiary of UltraTech following the Aditya Birla Group…
CHENNAI: Close on the heels of the Competition Commission of India (CCI) approving UltraTech Cement's acquisition of India Cements, the latter has announced that it has become a subsidiary of…
NEW DELHI: The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement's proposal to acquire a majority stake in India Cements. "The proposed combination envisages…
NEW DELHI: India Cements Ltd on Friday reported a consolidated net profit of Rs 58.47 crore in June 2024 quarter even though its sales volume declined 26 per cent as…
CHENNAI: India Cements vice chairman and managing director N Srinivasan has assured employees that the takeover by UltraTech Cement will not impact their career. He told them their future is…
MUMBAI/CHENNAI: In a strategic move to bolster his position as India's largest building materials maker, billionaire Kumar Mangalam Birla has struck a deal with N Srinivasan and his family to…
NEW DELHI: UltraTech Cement, India's leading cement producer and a flagship company of the Aditya Birla Group, has announced a Rs 3,954 crore deal to acquire a controlling stake in…
NEW DELHI: India Cements on Monday reported a narrowing of consolidated net loss to nearly Rs 50 crore in the fourth quarter ended March 31, 2024, helped by improved sales…