UltraTech receives approval to acquire cement business
UltraTech has announced that it received approval from the Competition Commission of India (CCI) to acquire the cement business of Century Textiles and Industries. UltraTech i...
Ultratech Cement
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UltraTech to complete Century Textiles deal by February
UltraTech will issue 14m new equity shares to the shareholders of Century Textiles and Industries, which will increase its equity capital to INR2.8bn (US$42m). The deal is ...
UltraTech's 2Q18 sales rise by 27%
UltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous...
Birla White to increase exports
India’s Birla White, a division of UltraTech Cement Ltd, has announced plans to increase exports over the coming years. "Currently, the volume is just about three per cent o...
UltraTech commissions second grinding unit in Dhar
India’s UltraTech Cement has commissioned its second 1.75Mta grinding facility at Dhar, Madhya Pradesh, with the first entering operation in April 2018. The new plant increase...
Demerger of Century Textiles to UltraTech Cement
The Board of Directors of UltraTech Cement Ltd confirmed that Century Textiles will demerge its 'Cement Business' into UltraTech, in a company statement. "The transaction prov...
UltraTech set to acquire Century Textiles' cement business
UltraTech has announced plans to acquire the cement sector of Century Textiles through a share swap deal, which will further strengthen its presence in the eastern and central ...
UltraTech Cement secures Madhya Pradesh limestone reserves
Aditya Birla group firm UltraTech Cement said it has acquired the Deora-Sitapuri-Udipyapura limestone mining block in Madhya Pradesh (MP). UltraTech Cement said the land is in ...
UltraTech moves closer to plant operation
India-based UltraTech Cement has moved closer to commencing operations at its plant in Sonbhadra, Uttar Pradesh. The facility, initially owned by JP Associates (JPA), can only ...
Long-term rail freight rates secured for Ramco and Zuari
India’s South Central Railway (SCR) has signed a long-term tariff contract with Ramco Cements Ltd and Zuari Cements Ltd to transport freight traffic at fixed rates, according t...