UltraTech's bid for Binani approved by NCLAT
A bid submitted by India’s UltraTech Cement to acquire Binani Cement has received approval from the National Company Law Appellate Tribunal (NCLAT). A two-member bench of NCLAT,...
Ultratech Cement
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Aditya Birla Group announces US$5bn capex plan
India's Aditya Birla Group, parent of UltraTech Cement, has announced US$5bn capex plans over the next three years for its businesses both in the domestic market and abroad. "Ou...
UltraTech reports 20% increase in net sales
India’s UltraTech Cement has reported an 11 per cent YoY decline in its consolidated net profit for the 2QFY18-19 ended 30 September, falling to INR3.76bn (US$51.29m) from INR4....
UltraTech joins EP100 energy-smart companies
UltraTech Cement has joined the EP100, which is a global leadership initiative to bring energy-smart companies together. UltraTech believes that by joining the group it will dou...
UltraTech plants win awards at National Awards for Excellence in Energy Management
UltraTech has announced that five of its integrated cement manufacturing units have been recognised by the Confederation of Indian Industry (CII) at the 19th edition of the 'Nat...
UltraTech looks to increase presence in eastern India
UltraTech Cement is looking to increase its market share in eastern India to 23 per cent, due to the considerable growth in the region. "There is an excess demand in the eastern...
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 is ...
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).
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.