Cement News tagged under: Dalmia (Bharat) Cements
Dalmia Bharat Group to challenge NCLAT ruling15 November 2018, Published under Cement NewsDalmia Cement (Bharat) Ltd has petitioned the Supreme Court, challenging the appellate tribunal's ruling to support UltraTech's plan for Binani Cement over the latter's acquisition by Dalmia Bharat Group. The matter is now due for a special hearing on Monday 19 November. The National Company Law Appellate Tribunal (NCLAT) ruled that approval had been given to UltraTech's acquisition of Binani for INR79,500m (US$1.1bn). Despite the legal challenge, Dalmia Cement (Bharat) is not about to mat... |
Dalmia Cement picks up Green Award 201616 October 2017, Published under Cement NewsDalmia Cement (Bharat) Ltd, Dalmiapuram, has won the Green Award-2016 from Tamil Nadu Pollution Control Board for the second time. The industry is the only cement plant and one among the three organisations in the State to be bestowed with the honour. Thirty-three organisations were short-listed, based on scrutiny of questionnaires from several participating units, this year. RA Krishnakumar, Dalmia executive director received the award from Chief Minister, Edappadi K Palaniswami ,durin... |
Dalmia Baharat targets organic growth in east India02 October 2017, Published under Cement NewsDalmia Bharat is planning to strengthen its presence in the region to tap growth potential, reports the Expres Group. Dalmia Bharat, the second largest cement manufacturer in eastern India, is planning to strengthen its presence in the east of the country where housing and infrastructure development is driving cement demand. "The government is spending money to build road, ports and projects as Sagarmala, Delhi-Mumbai Industrial corridor, freight corridor, housing for all… we are quite... |
India: Dalmia Bharat and Shree Cement to battle for Binani Industries07 February 2017, Published under Cement NewsDalmia Bharat and Shree Cement are among at least three companies that have expressed interest in buying Binani Industries’ subsidiary Binani Cement's 6.25Mta cement manufacturing capacity in India, according to Moneycontrol. "Dalmia Bharat and Shree Cement are interested. There's one MNC [multinational cement company] as well that has a large presence in India which is interested in buying," an official familiar with the development said. Both Dalmia Bharat and Shree Cement have used... |
India: Dalmia Bharat interest in LafargeHolcim units28 November 2014, Published under Cement NewsDelhi-based Dalmia Bharat is reported to be in talks to bid for one or more European cement assets put on sale by Holcim and Lafarge as part of its global cement merger deal. Dalmia Bharat is the second Indian company after Kumar Mangalam Birla's UltraTech to join the race for buying Holcim and Lafarge units due for disposal. Holcim and Lafarge have decided to sell around 40 cement assets across the world which could be worth over US$10bn. BNP Paribas, Credit Suisse, HSBC and Morgan Stanle... |
India: CCI closes case against 11 cement companies24 November 2014, Published under Cement NewsThe Competition Commission of India (CCI) has closed a case of alleged cartelisation among cement companies for lack of evidence. An anonymous reference had alleged that the cement producers had increased prices by INR75/bag (US$1.21) within the period of a month, according to HN Mint news service. The companies were named as Penna Cements, India Cements, Ramco Cements, Bharathi Cements, Dalmia (Bharat) Cements, Bhavya Cements, Zuari Cements, Ultratech Cements, Jaypee Cements, KCP Cements... |
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