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India's Birla sets down strategy for growth in tough times 25 September 2013 in Gujarat is seen as part of the cement maker's strategy for growth amid tough times, reports the Business Standard. ┬á UltraTech Cement's domestic capacity will rise to 56 MT, and with more projects underway, the company will reach 70 MT in annual... Type: Article Category: Markets & Competition Cement deals increased in India 23 September 2013 Asia) acquired a 14% stake in Lafarge India Pvt. Ltd for about $260 million. And on 11 September, Aditya Birla GroupÔÇÖs UltraTech Cement Ltd said it will buy a 51% stake in Jaypee Cement Corp. Ltd for around Rs.4,000 crore. ÔÇ£Since Lafarge is a... Type: Article Category: Mergers & Acquisitions India: Court issues notice to Jaypee, UItraTech Cement 19 September 2013 and is dumping waste in the area. ┬á (CW Group) In India, the Gujarat High Court has issued a notice to Jaypee Cement and UltraTech Cement, which have entered into a deal for a cement factory in Kutch, on a PIL filed by local villagers which alleges... Type: Article Category: Environment UltraTech dips on JP unit acquisition 16 September 2013 Analysts maintain 'buy' recommendation for India based cement maker. ┬á (CW Group) UltraTech Cement shares fell 4 percent at INR 1,655, extending a nearly 2 percent fall on Friday, reports the Business Standard. ┬á This is after its board approved... Type: Article Category: Financial Amarchand Mangaldas and Vaish tapped for Jaypee deal 12 September 2013 Firm was legal adviser on UltraTech CementÔÇÖs acquisition of the Gujarat cement plants of Jaypee (CW Group) Amarchand Mangaldas and Vaish Associates were the legal advisors on UltraTech CementÔÇÖs acquisition of the Gujarat cement plants of... Type: Article Category: Mergers & Acquisitions Birla closes acquisition of Jaypee's Gujarat unit 11 September 2013 the deal for buying the Gujarat cement unit owned by Jaypee Cement, reports Bloomberg.┬áAs part of the deal, BirlaÔÇÖs UltraTech Cement will assume INR 36.50 billion (US$576 million) of debt from Jaiprakash Associates (JPA)ÔÇÖs Gujarat unit. UltraTech... Type: Article Category: Mergers & Acquisitions India: AP cement market seen weathering Telangana 03 September 2013 all have presence in the State. The industry composition is also well balanced with the presence of big players such as UltraTech, India Cements, ACC, Jaypee, JSW, Orient, Kesoram, Madras Cement. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Markets & Competition Report: Ultratech closes in on Jaypee unit 29 August 2013 Sources say Gujarat cement unit may be worth 37 billion rupees. ┬á (CW Group) UltraTech Cement is reportedly close to buying Jaiprakash Associates Gujarat cement unit for about 37 billion rupees, sources told Bloomberg. ┬á A deal may be announced as... Type: Article Category: Mergers & Acquisitions Jaypee cement unit to sell off Gujarat based assets 26 August 2013 planned. ┬á (CW Group) Jaiprakash Associates is reportedly close to selling its Gujarat-based cement units to Birla's UltraTech Cement at a far lower valuation than what it sought when it started the talks early this year, reports the Business Standard.... Type: Article Category: Mergers & Acquisitions India cement shares slide in August 26 August 2013 Shree Cement has been hit the hardest on the stock exchanges as its counter lost over INR 700 or 17.21%. Majors like UltraTech Cement, the country's largest cement maker, and ACC, were not far behind. They weakened 14.3% and 15.5%, respectively.... Type: Article Category: Financial India's JP shares rise on rumors it is close to stake sale 22 August 2013 to INR 33.40 after reports that the company is in final stage to sell stake in 4.8 million tons cement unit in Gujarat to UltraTech Cement surfaced, reports the Business Standard. ┬á The stock hit a high of INR 33.45 and a low of INR 29.65 on August 22.... Type: Article Category: Mergers & Acquisitions Grasim reports quarterly numbers 05 August 2013 content you tried to access is only available to paid subscribers.","link":"1"}]Grasim Industries, part of UltraTech, has reported revenues of INR 6,940 crore and net profit of INR 610 crore in the 1st quarter of FY 2014 as compared to INR 7,672 crore... Type: Article Category: Plant Expansions UltraTech posts lower quarterly profit 05 August 2013 India based cement maker also reported lower income for the period. (CW Group) India based UltraTech Cement has announced the financial results for the quarter ended June 30, 2013. According to Equity Bulls, the company has posted a net profit of INR... Type: Article Category: Financial Ultratech reports quarterly numbers 29 July 2013 content you tried to access is only available to paid subscribers.","link":"1"}]In India, UltraTech Cement reported performance for the quarter ended in June, reports Live Mint. ┬á Net revenue at INR 4,957.5 crore was about 2.3% lower than a year ago... Type: Article Category: Financial UltraTech Cement to set up plant in Katni district 26 July 2013 Firm will spend INR 3,000 crore to build plant. (CW Group) The content you tried to access is only available to paid subscribers.Subscribe now... Type: Article Category: Markets & Competition India cement stocks slide ahead of earnings report 23 July 2013 While Ambuja Cements stock closed at INR 198.65, down 4.29% from its previous close, ACC tumbled 3.1% to INR 1,236.75. UltraTech Cement ended the day at INR 1,920.55, down 0.67% from its previous close, even as the benchmark S&P Sensex closed flat at... Type: Article Category: Markets & Competition India: Cement companies stocks rise even amid rains 17 July 2013 Majors reported surprising upward trend. ┬á (CW Group) In India, shares of IndiaÔÇÖs top-three cement makers, UltraTech, ACC and Ambuja, have shown a surprising upward movement of four-10 per cent over the last fortnight, reports the Business Standard.... Type: Article Category: Markets & Competition India: UltraTech looking to expand market share 11 July 2013 [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]UltraTech is looking to improve its market share and is expanding its grey cement capacity by 23% from 48.75mtpa to 61.45mtpa by FY15,... 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