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Race for Holcim's India assets intensifies

Infrastructure

10 May, 2022

Race for Holcim's India assets intensifies

JSW Group plans to compete aggressively with Adani Group for assets of Holcim AG's local cement businesses, two sources said on Tuesday, ......

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

General

20 January, 2020

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement business ......

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

General

16 January, 2020

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

Emami Group’s cement assets received four binding offers from Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), Ambuja Cements, ......

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How the profile of India's billion-dollar valuation firms changed in past decade

Markets

08 March, 2019

How the profile of India's billion-dollar valuation firms changed in past decade

Ten years ago, this week, the Indian stock market bottomed out after the carnage from the collapse of Lehman Brothers. ......

Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal

Infrastructure

09 May, 2018

Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal

Conglomerate Dalmia Bharat, with presence in cement, on Tuesday wrote to the bankruptcy resolution professional (RP) and committee of creditors ......

NCLT orders Binani Cement's creditors to evaluate UltraTech bid

Manufacturing

02 May, 2018

NCLT orders Binani Cement's creditors to evaluate UltraTech bid

In the latest twist to Binani Cement Ltd’s takeover proceedings, the Kolkata bench of the National Company Law Tribunal (NCLT) ......

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

General

06 April, 2018

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank Ltd, may buy a 15% stake in ......

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

General

19 March, 2018

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

Global venture capital firm Sequoia Capital may target raising $650-700 million for its sixth India fund, down up to 30% from ......

India related M&As hit all-time high in H1

General

03 August, 2016

India related M&As hit all-time high in H1

India Inc is in the midst of a consolidation overdrive with the number of announced merger & acquisition (M&A) deals ......