KOLKATA: Aditya Birla Group flagship UltraTech Cement has announced a share swap ratio of 1:52 for the acquisition of Kesoram Industries from BK Birla Group. Additionally, it announced an entry…
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: UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 825.18 crore for the September quarter. The leading cement maker posted a consolidated net profit of…
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…
Battle lines are being drawn in India’s cement space as Gautam Adani’s expansion spree sets off a race with fellow billionaire Kumar Mangalam Birla’s UltraTech Cement Ltd to build capacity…
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…