India: Nirma raises US$598m to finance Lafarge acquisition
Nirma Group, which in July won the race to buy Lafarge India for a reported US$1.4bn, has raised INR40bn (US$598m) from a bond sale to finance the purchase, the Economic Times r...
Nirma Cement
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India: Nirma to acquire Lafarge India for US$1.4bn
LafargeHolcim has announced that it has reached agreement with Nirma Group for the sale of Lafarge India. The deal - valued at US$1.4bn - will see Nirma acquire assets that incl...
Deadline day reached for Lafarge India bids
Today (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domest...
India: Mahuva farmers fined for opposing proposed Nirma cement plant
The National Green Tribunal (NGT) has imposed a fine of INR100,000 (US$1675) on farmers and on the Union Ministry of Environment & Forest (MOEF) who opposed Nirma Ltd's proposed...