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IMG seeks deallocation of two more coal mines

Continuing scrutiny of coal blocks which failed to meet development timelines, the Inter-Ministerial Group on Thursday recommended de-allocation of two more mines, raising to 13 the number of......

How Nirma tries to reclaim the golden days of 1980s

As it loses market share in washing powder, it hopes to catch up with the big cement manufacturers in India with the Lafarge deal Six years since its de-listing from the stock exchanges, Karsanbhai......

Why Nirma's Lafarge deal makes sense

The deal augurs well for Nirma as it already has a cement plant in Rajasthan, and has been scouting for assets in Gujarat for a while. Ahmedabad-based diversified conglomerate Karsanbhai Patel-led......

Nirma cements $1.4-bn Lafarge India buyout

Ahmedabad-based firm to fund deal through equal amount of equity and debt. Nirma, the Ahmedabad-based detergent and soap maker, on Monday announced its acquisition of Lafarge India’s......

Lafarge to sell stake in Indian unit for $300 mn

French cement maker Lafarge SA is in talks with private equity and financial firms to sell a 20-25 percent stake in its India unit for about $300 million, two sources with direct knowledge of the......

Global giants in race for Maharashtra cement unit

At least four global cement majors, Lafarge, CRH, Heidelberg Cement and Intalicementi, are in the race to buy a little-known cement company in Maharashtra — Murli Industries with a total capacity......
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Morning News Call - India, July 25

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07252017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-july-25-news-economy-rhzjubihdbcjd.html
Ambuja Cements consolidated net up 7% at Rs 555 cr

Ambuja Cements, part of the global cement giant LafargeHolcim, has posted a rise of 6.9 per cent in its consolidated net profit after taxes and... ...

http://www.business-standard.com/article/companies/ambuja-cements-consolidated-net-up-7-at-rs-555-cr-117072401190_1.html
Ambuja Cements June-quarter consolidated profit rises 12 percent

(Reuters) - Ambuja Cements Ltd, part of the world's No.1 cement producer LafargeHolcim Ltd, posted an about 12 percent increase in quarterly... ...

http://www.business-standard.com/article/reuters/ambuja-cements-june-quarter-consolidated-profit-rises-12-percent-117072401063_1.html
BUZZ-India's ACC hits record high on profit beat

** Cement maker ACC Ltd rises as much as 3.5 pct toa record high ** ACC posted an about 33 pct growth in June-qtr profit,beating analysts estimates... ...

http://www.sify.com/finance/buzz-indias-acc-hits-record-high-on-profit-beat-news-economy-rhskahehjchag.html
Why India is unlikely to see consistent growth

The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade. During his recent visit to the US, Prime... ...

http://www.rediff.com/money/column/column-why-india-is-unlikely-to-see-consistent-growth/20170714.htm

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