India

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Ambuja gets nod for merger with Holcim India

Ambuja gets nod for merger with Holcim India

The High Courts of New Delhi and Gujarat have given Ambuja Cements the green light to merge with Holcim India – paving the way for the ACC-Ambuja restructuring process announced...

UltraTech Cement

UltraTech’s plans to establish new plants in Uttarakhand, northern India, and Myanmar have hit stiff opposition this month.

Sagar denies Vicat buy-out talks

Sagar denies Vicat buy-out talks

Sagar Cements Ltd has denied reports that it is in talks to sell its 47 per cent stake in its Vicat Sagar joint venture. The Economic Times newspaper earlier reported, citing un...

Hi-Bond Cement to set up Rajasthan works, India

Hi-Bond Cement to set up Rajasthan works, India

Hi-Bond Cement plans to set up a greenfield plant in the state of Rajasthan to tap the north Indian market. The company has approached the Rajasthan government with a proposal f...

Fitch Affirms Holcim rating, outlook stable

Fitch Affirms Holcim rating, outlook stable

Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmation r...