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 merger.
Ultratech Cement
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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 possess ...
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 a...
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 g...
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 a...
UltraTech reportedly eyeing further Jaypee units
UltraTech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh, according to local press reports.
UltraTech Cement given go-ahead for two new plants
UltraTech Cement Ltd’s (Aditya Birla Group) proposal to set up two greenfield cement plants with an installed capacity of 9.5Mta has been cleared by Andhra Pradesh government.
UltraTech welcomes Gujarat dealers to its fold, India
India’s largest cement producer, UltraTech Cement, has added to its dealer network following the acquisition of Jaypee's cement assets in the western state of Gujarat. Dealers i...
UltraTech full-year hit by operational costs
UltraTech Cement, an Aditya Birla Group company, today announced its financial results for the year ended 31 March 2014. Full-year net sales stood at INR58.32bn compared to INR5...