Nimesh was close to the Tata bosses, having been their investment banker for a long time. He told me that the Tatas were looking to sell their 14 per cent stake in ACC and were wondering if I would be interested. To me, the offer represented much more than just an opportunity to buy a stake in India's largest cement company.
عرض المزيدACC in talks to buy remaining cement business from Jaiprakash Associates 26 June 2018 India: LafargeHolcim's subsidiary ACC is in talks to buy Jaiprakash Associates' remaining cement business. It plans to buy the production capacity of 5.5Mt/yr for US$763m by mid-2018, according to sources quoted by the Economic Times newspaper.
عرض المزيدThe cement maker reported standalone net profit at Rs 62 crore against Rs 5.4 crore loss (YoY). The company's standalone revenue went down 2.6 percent at Rs 1,160 crore against Rs 1,191.1 crore (YoY).
عرض المزيدJaypee Cement, the cement venture of Jaiprakash Associates, is set to buy a controlling stake in Zawar Cement's defunct grinding unit at Wadi, in Karnataka's Gulbarga district. The Zawar Group, based out of Pune, has business interests in cement, power, mineral water and real estate. Zawar Cement had in turn bought the Wadi unit from ACC.
عرض المزيدIn December 2010, the Dadri Grinding Unit in its very first year of operation received the Integrated Management System (IMS) Certification, including ISO …
عرض المزيدFive years later, the merged companies of Activision Blizzard announced a deal to buy back Vivendi's stake in the company and become independent, and Tencent jumped at the opportunity to buy 5 ...
عرض المزيدUltraTech Cement, India's largest cement maker and part of the Aditya Birla Group, on 24 th Dec, 2014 said its Board has approved to acquire two cement plants of Jaiprakash Associates in Madhya Pradesh for an enterprise value of Rs. 5,400 crore. The transaction, which is subject to due diligence, definitive agreements and regulatory approvals, …
عرض المزيدType – Split or Window. Window ACs are usually cheaper and relatively easier to install, however, they are much noisier as compared to a split AC. Split ACs provide better air distribution, are more beautiful to look at, and provide comparatively faster cooling. Additionally, split ACs provide higher efficiency and are more suitable for long ...
عرض المزيدThe Nigrie cement grinding unit has a capacity of 2 MTPA. Jaypee Cement had emerged the highest bidder for the Majra coal block in Maharashtra with a bid of Rs 1,230 per tonne. It had outbid ACC Ltd, Crest Steel and Power, Emami Cement, Grace Industries and JK Lakshmi Cement to secure the block with total extractable reserves of 14.92 million ...
عرض المزيدUnit 1: Preparation of Financial Statements. Unit 2: Cash Flow Statement. Annexure. Chapter 5: Profit or Loss Pre and Post Incorporation. Chapter 6: Accounting for Bonus Issue and Right Issue. Chapter 7: Redemption of Preference Shares. Chapter 8: …
عرض المزيدCrypto tokens are a type of cryptocurrency that represents an asset or specific use and reside on their own blockchain. Tokens can be used for investment purposes, to store value, or to make ...
عرض المزيدMysore Cements has two units — a 700,00-tonne capacity plant at Amarasundara in Mysore and a 1.6m-tonne unit at Dhamoah in Madhya Pradesh. The company also runs a grinding unit at Jhansi in Uttar Pradesh and has a 36,000-tonne sponge iron plant.
عرض المزيدACC (Holcim) is likely to buy Jaypee Group 74 per cent stake in two separate cement joint ventures with state-owned steel maker Steel Authority of India Ltd, according to the Business Standard. The two joint ventures are located at Bhilai (Chhattisgarh) and Bokaro (Jharkhand) with a total capacity of just over 4Mta.
عرض المزيدACC's net profit up two-fold to Rs 569 crore in Q1 FY22. The company, a subsidiary of Swiss building material major Holcim group (earlier LafargeHolcim), reported revenue from operations of Rs 3,884.94 crore during the quarter, up 49.29 per …
عرض المزيدHolcim acquires a stake in ACC and later in Ambuja Cements: $111 per tonne & $193 per tonne respectively. 2006: Heidelberg Cement Group enters India via a 50:50 joint venture in Indorama Cement and acquires a majority stake in Mysore Cement. Not Available: 2008
عرض المزيدJSW Cement is part of the diversified US$13 billion JSW Group.JSW Cement is India's leading green cement company with current capacity of 14 MTPA [clarification needed] across its manufacturing units at Vijayanagar in Karnataka, Nandyal in Andhra Pradesh, Salboni in West Bengal, Jajpur in Odisha and Dolvi in Maharashtra. The company's subsidiary, Shiva Cement, …
عرض المزيدUltratech has 22 integrated manufacturing units, 27 grinding units, one Clinkerisation unit and 7 Bulk Packaging Terminals. In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has one White Cement unit and one Wall Care putty unit, with a current capacity of 1.5 MTPA.
عرض المزيدJSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has bought cement maker ACC Ltd's entire stake in Shiva Cement Ltd for Rs 38.67 crore ($5.8 million). ADVERTISEMENT. ACC sold 23.65 million shares, or a 12.13% stake, at Rs 16.35 apiece in an off-market transaction, the company said in a stock-exchange filing o.
عرض المزيدIndia Cements soars 9% as Damani increases his stake to 22.7%. RK Damani has been marginally increasing his stake in the cement giant since last year, reports said, adding that he held 19.89 per cent shares in the company in the March quarter of 2020, followed by a marginal increase to 20.4 per cent in July 2020. ETRealty.
عرض المزيدThe government is considering changes that would make it easier to lower its stake in state-run banks, a key step in Prime Minister Narendra Modi's plan to unclog credit flow to the economy.
عرض المزيدAlso, they increased the installed capacity in Farraka grinding unit in West Bengal by 0.25 million tonne to reach at 1.25 million tonnes.In June 2011, the company made strategic investments in ...
عرض المزيدAt the two units, the clinker capacity is more than the grinding capacity. This gives UltraTech room to further add around 1.8‐2.5 MT a year of cement manufacturing by having an adjacent grinding unit. The enterprise value for a tonne of this deal is roughly around $140 (about Rs 8,900 at 24th Dec exchange rate).
عرض المزيدJSW Cement has acquired 37.16 per cent stake from the promoters of Shiva Cement for Rs 97 crore. The company has also made an open offer to buy out another 32 per cent through open offer at Rs 14 ...
عرض المزيدSCL, now ranked the third-largest, has set foot in South India too, with a 3 million tpa integrated cement plant at Kodla, Karnataka, in 2018. Built on a total area of 170 acres, this is the first integrated cement unit of the company in South India. Its limestone mine is located merely 2 km away and has been providing material for 70 years.
عرض المزيدAmbuja Cements gets CCEA nod to buy 24% stake in Holcim India Premium The move paved the way for the proposed restructuring of the holding pattern of Holcim's India units, ACC and Ambuja Cements ...
عرض المزيدACC has rich experience in mining, being the largest user of limestone. As the largest cement producer in India, it is one of the biggest customers of the domestic coal industry, of Indian Railways, and a considerable user of the country's road transport network services for inward and outward movement of materials and products.
عرض المزيدBased on a tip-off, the NCB's Mumbai zonal unit on Monday raided three shops, where a drug manufacturing unit was being operated, the official said. The NCB team seized 111kg of poppy straw, 1.4kg ...
عرض المزيد-Associated Cement Companies (ACC) has purchased 13.21 per cent stake in Bargarh Cement Ltd from Unit Trust of India. ACC bought 3.5 crore shares of …
عرض المزيدIndia's Pristyn Care raises $96m at $1.4b valuation. Pristyn Care, a clinic operator specializing in minimally evasive surgeries, has joined India's unicorn boom with a $96 million Series E round featuring Sequoia Capital at a valuation of $1.4 billion. 17 Dec. Australasia.
عرض المزيدACC Ltd: The company has announced the successful commissioning of the new cement production facility at the Company's existing Sindri Grinding Unit in the State of Jharkhand.The new facility will add capacity of 1.4 MTPA cement to the existing 3.0 MTPA unit, taking the total capacity at Sindri to 4.4 MTPA.
عرض المزيدACC Thondebhavi won the First Prize in Energy Excellence in Grinding Unit category at the Quality Circle Forum of India (QCFI), Hyderabad Chapter awards, in collaboration with Cement Manufacturers Association (CMA), National Council for Cement and Building Materials (NCCBM) and Cement Sustainability Initiative.
عرض المزيدThe acquisition of a 1.5 mtpa cement grinding unit of Jaiprakash Associates Ltd, situated at Panipat, has been consummated on April 27, 2015 for an aggregate consideration of Rs 358.22 crore ...
عرض المزيدAt stumps on Day 3, India's score read 14/1 with the hosts leading New Zealand by 63 runs. For India, Cheteshwar Pujara (9*) and …
عرض المزيدThe clinker to be ground at Bhatapara unit will be 1.67 MTPA for 2.40 MTPA cement production and additional 2.75 MTPA clinker will be transported to other cement grinding units of M/s Ambuja Cements Ltd. Existing cement mill area is 1,512 m2. Vertical Roller Pre-grinding Mill (VRPM) (175 TPH) and grinding mill will be installed besides chain ...
عرض المزيدMP Birla group firm Birla Corp will buy two cement plants of LafargeHolcim located in the eastern region of the country at an enterprise value of Rs 5,000 crore ($769.4 million), it said on Monday. It did not give a break-up of the equity component and the debt on the books of the two units.
عرض المزيدAmbuja Cements to invest Rs 310 crore to expand Ropar unit in Punjab. The expansion is expected to be completed by June 2023. Post this expansion, the total capacity of the Cement Grinding Unit at Ropar will increase to 4.5 MTPA from 3 MTPA now. Ankit Sharma; ETRealty; Updated: August 02, 2021, 18:00 IST
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