India

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Dalmia Bharat-led bid approved by lenders

Dalmia Bharat-led bid approved by lenders

Lenders to the bankrupt Binani Cement have decided that a a Dalmia Bharat-led bid would be allowed, thereby overruling the objections of UltraTech Cement. The offer fulfilled al...

The Ministry of Coal cancels mining licence

The Ministry of Coal cancels mining licence

India's Ministry of Coal has cancelled the mining licence for the Mandla South coal block won by Jaypee Cement, following the sale of the attached plants to UltraTech Cement. Ja...

Nuvoco Vistas wins improvement award

Nuvoco Vistas wins improvement award

India-based Nuvoco Vistas Corporation Ltd has won the 'Best in Class Continuous Improvement Award' during the 7th Manufacturing Supply Chain (MSC) Awards held in Mumbai. The awa...