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IndiaÔÇÖs Mumbai Port Trust allots land for cement handling terminal 13 April 2015 the coastal route from Gujarat, reports The Times of India. "We have allotted 2.5 hectares of land at Petroleum go down to Ultratech cement for 30 years, where cement can be shipped from other states and distributed to users across the cityÔÇØ, said... Type: Article Category: Markets & Competition Competition authority in India asked Holcim and Lafarge to sell assets in eastern India 05 April 2015 keen to pick up assets likely to be put on the block by Lafarge and Holcim, reports Live Mint. Aditya Birla GroupÔÇÖs UltraTech Cement, IndiaÔÇÖs largest cement maker, would have also liked to bid for these assets but may not be able to do so because of... Type: Article Category: Mergers & Acquisitions India: Lafarge-Holcim merger approved 02 April 2015 which the merger was questioned in the country, being especially challenged by established cement manufacturers, such as UltraTech. The combined group will have a combined capacity of about 69 million tons in India once the merger goes through Copyright... Type: Article Category: Mergers & Acquisitions Large cement companies in India could opt to expand inorganically 01 April 2015 capacity utilization of 80 percent and a realization of Rs 300 per 50 kg bag. Large-sized cement companies such as Ultratech Cement, ACC, Ambuja Cement and Shree Cement could opt to expand inorganically since it will save more than six years of... Type: Article Category: Markets & Competition Indian High Court quashes cancellation of a mine 29 March 2015 Ultratech Cement subsidiary to take possession of limestone mine (CW Group) The IndiaÔÇÖs Rajasthan High Court set aside a state government order relating to cancellation of a limestone mine owned by a subsidiary of Ultratech Cement, reports Busines... Type: Article Category: Markets & Competition Cement companies in India are on the lookout for acquisitions 19 March 2015 and cement company executives believe that a wave of cement mergers and acquisitions is to come as Aditya Birla GroupÔÇÖs Ultratech Cement Ltd, Rajasthan based JK Lakshmi Cement Ltd, HeidelbergCement India Ltd, JSW Cement Ltd and Orient Cement Ltd are... Type: Article Category: Mergers & Acquisitions Indian cement companies could benefit if Holcim-Lafarge merger crumbles 17 March 2015 of merger agreed last year with Lafarge and wanted a re-negotiation came as a relief for Indian cement companies such as┬á UltraTech and Shree Cement that would have faced competition from the merged Holcim-Lafarge, reports Business Standard. If the... Type: Article Category: Mergers & Acquisitions Indian cement producer commissions clinkerisation line 16 March 2015 UltraTech boosts its capacity in the North region (CW Group) Indian cement producer UltraTech Cement commissioned its 3rd Clinkerisation Line (ACIII) at the Rs 11,250 crore Aditya Cement plant in Shambhupura, Rajasthan, reports Live Mint. The new line... Type: Article Category: Markets & Competition Stocks of Indian cement manufacturers fall 26 February 2015 on reports railway freight rates have been hiked by 2.7 percent on transport of cement. ACC stock fell 1.04 percent, UltraTech CementÔÇÖs shed 1.61 percent, while Shree Cement was down 1.69 percent. furthermore, Ambuja Cements dropped 0.49 percent.... Type: Article Category: Markets & Competition Stocks of cement companies in India rose 25 February 2015 Union Budget 2015-16, reports Business Standard. ACC posted a 1.33 percent increase, Ambuja Cements was up 1.2 percent and UltraTech Cement rose 1.33 percent. Shree Cement dropped 0.33 percent, while Grasim Industries declined 0.09 percent. Finance... Type: Article Category: Markets & Competition IndiaÔÇÖs UltraTech Cement wins Bicharpur coal block 22 February 2015 UltraTech Cement bid the highest amount for the coal block in Madhya Pradesh (CW Group) Indian cement manufacturer UltraTech Cement bid the highest amount for the Bicharpur coal block in Madhya Pradesh, reports Live Mint. The companyÔÇÖs bid was Rs... Type: Article Category: Markets & Competition Cement plants in India emit less carbon-di-oxide 18 February 2015 and the US. Their energy consumption is also lessÔÇØ, said CSI's Managing Director Philippe Fonta. Besides home-grown Ultratech and Dalmia Bharat (Cement), seven global companies with operations in India like Holcim's ACC Ltd and Ambuja Cement, Lafarge,... Type: Article Category: Markets & Competition IndiaÔÇÖs Jaiprakash Associates outbid Ultratech Cement for coal block 18 February 2015 to the cost of imported coal, reports The Economic Times. Jaiprakash Associates outbid Bharat Aluminium, Hindalco and Ultratech Cement for the Madhya Pradesh mine. The state-run Durgapur Projects bagged the Transdamodar coal block in West Bengal and... Type: Article Category: Markets & Competition IndiaÔÇÖs Binani Cement to sell grinding unit 12 February 2015 Binani Cement in negotiations with Ultratech (CW Group) IndiaÔÇÖs Binani Cement, headquartered in Mumbai, India, plans to sell its Rajasthan grinding unit, reports Bhaskar. The unit has an annual capacity of 1.2 million tons. According to sources in... Type: Article Category: Mergers & Acquisitions Board of IndiaÔÇÖs UltraTech Cement approves acquisition of Jaiprakash Associates cement units 30 January 2015 Acquisition is subject to approval of shareholders and creditors (CW Group) The Board of IndiaÔÇÖs UltraTech Cement approved signing the Definitive Agreement with JAL for the acquisition of the cement units of Jaiprakash Associates located at Bela and... Type: Article Category: Mergers & Acquisitions IndiaÔÇÖs cement industry to see capacity boost 29 January 2015 capacity to 30 million tons per year from 5 million tons per year by setting up grinding units closer to its steel plants. UltraTech Cement plans its next phase of greenfield expansion. Zuari Cement through its subsidiary Gulbarga Cement (GCL) plans to... Type: Article Category: Markets & Competition IndiaÔÇÖs UltraTech Cement to boost production capacity 26 January 2015 UltraTech expects demand increase in the long term (CW Group) IndiaÔÇÖs UltraTech Cement posted a slight decline in net profit for the third quarter of 2014-15, reports The Hindu. The cement manufacturerÔÇÖs net profit in the quarter was Rs. 364 crore,... Type: Article Category: Markets & Competition IndiaÔÇÖs UltraTech Cement directs two online marketplaces to stop selling its brands 26 January 2015 Online marketplaces sell cement below prices in physical stores (CW Group) IndiaÔÇÖs UltraTech Cement directed at least two online marketplaces to stop selling its brands, UltraTech and Birla Super brand of cement in Bangalore, reports The Economic... Type: Article Category: Markets & Competition CCI to have its decision on Holcim, Lafarge merger this month 21 January 2015 CCI, Lafarge and Holcim had said that they would continue to face aggressive competition from Indian cement makers such as UltraTech, Shree Cement and Jaypee at a pan-India level, Economic Times reported. Copyright CW Group. All rights reserved.... Type: Article Category: Markets & Competition UltraTech Cement outperformes 19 January 2015 A record high has been hit by UltraTech Cement (CW Group) Higher moved of UltraTech Cement by 4% to Rs 3,008, extending its past two dayÔÇÖs rally on BSE. The stock opened at Rs 2,911 and touched a record high of Rs 3,033 so far, reports Business... 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