UltraTech Cement announces 91% rise in consolidated profit
India’s UltraTech Cement Ltd has announced a 91 per cent YoY growth in consolidated net profit to INR12.08bn (US$171.2m) for the quarter ending 30 June, compared with INR6.31bn...
Ultratech Cement
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UltraTech's acquisition of Century Cement to be completed soon
India’s UltraTech Cement has confirmed that it will complete the merger of Century Cement in the second quarter of the FY19-20. The only pending approval which remains for the ...
UltraTech and private equity firms in talks to buy Emami Cement assets
Emami Group is reportedly holding talks with UltraTech Cement and private equity firms KKR and Temasek Holding to sell assets from its cement business, Emami Cement, which is v...
WBCSD and key cement producers launch Indian roadmap
Major companies from the cement sector and the World Business Council for Sustainable Development (WBCSD) launched the ‘Indian Cement Sector SDG Roadmap’ on 25 June at an event...
UltraTech Cement appoints Sujeet Jain as chief legal officer
Sujeet Jain, group general counsel and company secretary of Viacom18, has joined UltraTech Cement as chief legal officer in Mumbai. A graduate of GLC Mumbai, he began his ca...
UltraTech Cement receives approval for 6Mta plant project
India’s UltraTech Cement has received environmental approval to set up a INR25bn (US$360.37m) project in Petnikota village, Andhra Pradesh. The integrated facility is expected ...
UltraTech Cement disposes of 5000t of waste from railway workshop
India’s UltraTech Cement has safely disposed of 5000t of non-hazardous waste from Golden Rock railway workshop in Tiruchi, Tamil Nadu. Phase I of the project, which began in Ja...
India’s return to stability
While India’s cement consumption saw a strong double-digit advance in 2018, such rates are unlikely to be sustainable and expectations are that consumption growth will moderate...
UltraTech clinker grinding project to start in October
UltraTech Cement is preparing to set up a 3Mta clinker grinding unit in Cuttack district, Odisha, India. The INR5.59bn project,which will be funded through a bank loan, will ...
UltraTech Cement records positive results for FY18-19
India’s UltraTech Cement (Aditya Birla Group) has reported a 9.6 per cent YoY increase in consolidated profit after tax to INR24.35bn (US$347.6m) for the year ended 31 March 20...