India: UltraTech outlines upcoming greenfield expansion
Following its planned takeover of two cement plants owned by the Jaypee group, UltraTech has outlined its next phase of greenfield expansion. India’s largest cement producer i...
Ultratech Cement
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UltraTech to not bid for Lafarge/Holcim assets
UltraTech has pulled out of the race to buy cement assets up for sale as Lafarge and Holcim’s proposed merger, the Indian cement major confirmed to local press. An UltraTec...
UltraTech reportedly in talks to buy further Jaiprakash units
UltraTech Cement is in talks to acquire Jaiprakash Associates Ltd's cement plants in central and southern India, people with knowledge of the matter have told local press. The...
Siemens surpasses motor milestone with UltraTech order
Siemens Limited announced that it has surpassed a key milestone in manufacturing and delivering International Efficiency (IE) class industrial motors by handing the 100,000th m...
UltraTech re-evaluating Brazil asset bid
Indian cement major UltraTech Cement is reportedly re-evaluating its decision to bid for the Brazilian assets put on the block by Holcim and Lafarge ahead of their planned merg...
UltraTech acquires 51% interest in Omani mining firm
UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51 per cent interest in Omani mining company Awam Minerals LLC. Awam Minerals posses...
India moves towards ending coal monopoly
The Indian government has taken a cautious step towards ending the coal monopoly as its plans to allow private players to mine and sell coal, a move that is expected to benefit...
UltraTech sees 47% rise in net profit
UltraTech Cement reported a 47 per cent YoY increase in its consolidated net profit to INR4.16bn (US$67.9m) for July-September, driven by a strong volume growth of 11 per cent ...
UltraTech to bid for Lafarge Holcim assets?
UltraTech Cement is reportedly eyeing cement assets being put on the block by Holcim and Lafarge ahead of their planned merge Local press have speculated that the Aditya Birla...
UltraTech Cement appoints two additional independent directors
UltraTech Cement Ltd, India's largest cement producer, on Monday said it has appointed Renuka Ramnath and Sukanya Kripalu as additional independent directors on its board. The...