Birla Corp to buy Lafarge's India cement units for Rs 5,000 cr

Last Updated: Monday, August 17, 2015, 12:01

Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand), along with Concreto and PSC brands.

Holcim CEO Bernard Fontana steps down

Last Updated: Friday, July 10, 2015, 16:26

Swiss cement giant Holcim which has controlling stake in India firms, Ambuja and ACC, on Friday announced that its Chief Executive Officer Bernard Fontana will step down from his position.

Birla Corporation eyes 15 MT cement capacity in 4 years

Last Updated: Thursday, July 2, 2015, 16:15

M P Birla Group firm Birla Corporation is looking to ramp up its cement production capacity to 15 million tonnes (MT) in the next four years.

Lafarge names Ujjwal Batria its India CEO

Last Updated: Thursday, June 25, 2015, 21:07

French cement maker Lafarge Thursday said it has appointed Ujjwal Batria, an old company hand, Chief Executive of its India operations.

India Cements posts Rs 36.60 cr profit in Q4 FY15

Last Updated: Friday, May 29, 2015, 16:10

On consolidated basis, India Cements reduced significantly its loss to Rs 1.19 crore in 2014-15, from Rs 242.45 crore loss during FY2013-14.

JK Lakshmi Cement's Q4 Net slumps 89% at Rs 6.05 cr

Last Updated: Friday, May 15, 2015, 21:19

Shares of the company today rose by 0.22 percent to settle Rs 343.15 per share on the BSE.

Lafarge-Holcim merger not a threat to UltraTech Cement: Birla

Last Updated: Sunday, May 3, 2015, 18:51

The dip in profit was on account of a penalty imposed by CCI on cartelisation charges.

JK Lakshmi Cement partners Snapdeal to sell products online

Last Updated: Friday, May 1, 2015, 17:19

JK Lakshmi is the first company to make a foray into the online space offering a basket of products, its Whole Time Director Shailendra Chouksey said.

Holcim, Lafarge shares up after results seen boding well for merger

Last Updated: Thursday, April 30, 2015, 13:58

Lafarge shares rose 4.5 percent to 65.79 euros by 0708 GMT while Holcim was 2.0 percent higher at 76.35 Swiss francs.

Ambuja Cements Q1 Net falls 38.9% on weaker sales

Last Updated: Wednesday, April 29, 2015, 15:46

The company's operating EBITDA declined 13.4 per cent during the quarter at Rs 510 crore as against 589 crore in the year-ago period.

CCI clears UltraTech's purchase of JAL's two cements plants

Last Updated: Tuesday, April 28, 2015, 20:07

UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.