Ambuja Cements sees 9.7% net profit rise in 3Q
LafargeHolcim-owned Ambuja Cements' standalone unaudited income remained stable in 3Q17 at INR24.73bn (US$379.8m) when compared with the previous year (3Q16: INR24.72bn) but not...
Ambuja Cements
174 posts · Page 13 of 18
Ambuja Cement disrupted by trucker strike
Cement and clinker truckers carried through their Monday strike in Himachal Pradesh over various demands, including a revision of the Goods and Service Tax rates and an end to d...
Ambuja Cements receives state nod for new grinding plant
Odisha's State Level Single Window Clearance Authority (SLSWCA) on Friday gave Ambuja Cement the go-ahead to construct a 1.5Mta cement grinding unit. The LafargeHolcim group's I...
LafargeHolcim expected to announce merger deal for ACC and Ambuja Cements
LafargeHolcim, the parent company of ACC and Ambuja, is considering merging its two Indian cement majors, sources told CNBC-TV18. LafargeHolcim owns 63 per cent in Ambuja Cement...
India: Seven cement firms fined for bid-rigging
The Competition Commission of India (CCI) has imposed fines totalling more than INR2bn (US$30m) on seven cement firms it found guilty of colluding in their responses to a 2012 t...
India: LafargeHolcim increases stake in Ambuja and ACC
LafargeHolcim has increased its shareholding in Ambuja Cement through the purchase of an additional 39.1m shares, increasing the Franco-Swiss firm’s stake by 1.49 per cent to 63...
Ambuja Cement profits up 80% as Indian profits climb 40% overall
Ambuja Cement has released its Q3 earnings, which show that net profits for the company were up by 80 per cent YoY at INR2.77bn (US$41.5m).
Indian cement producers to appeal CCI fines
LafargeHolcim, India Cements and Ramco Cements have said that they will appeal against yesterday’s ruling by the Competition Commission of India (CCI) which levied fines totalli...
Competition Commission of India imposes US$944m fine for cartelisation
The Competition Commission of India (CCI) has levied a fine of INR63.2bn (US$944m) on 10 cement companies whom it accuses of conspiring to fix prices in contravention of competi...
India: Ambuja and ACC report profit rises for 2Q16
LafargeHolcim’s Indian subsidiaries ACC and Ambuja Cements have both reported an increase in profits for the second quarter of 2016.