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Not much value in merging with UltraTech: Grasim

Grasim Industries, the leading cement maker of the A V Birla group, is not enthusiastic at a proposal to merge with its subsidiary, UltraTech, as it does not see value in the process at this......

L&T to exit UltraTech as Birlas give no-objection

Larsen & Toubro will sell its 11.49 per cent stake in the Aditya Birla Group-owned UltraTech Cement in the open market, after the latter waived its first right of refusal to buy the stake. L&T has......

UltraTech to go ahead with planned expansion

UltraTech Cement, the second-largest manufacturer after Holcim's ACC in terms of sales and capacity, does not intend to rein in expansion plans even though the domestic market is likely to see......

AV Birla group to rename UltraTech Cemco

UltraTech CemCo, the AV Birla group acquired cement business of Larsen & Toubro, is set to be rechristened UltraTech Cement. The Birla group firm Grasim Industries concluded the acquisition for Rs......

Shree Cement: Compelling but expensive growth story

Its rich valuation with a PE of 62 times raises downside risk for investors Financial conservatism with strong execution. That’s the mantra of Shree Cement, the country’s most......

'Deccan Chargers keen to win more matches at home'

Deccan Chargers Hyderabad team is keen on winning more matches in the upcoming fourth edition of the Indian Premier League (IPL) before the home crowd here, its coach Darren Lehmann said in......
  Web results for Ultratech Cement
Jaiprakash Associates' sharholders approve sale of cement biz

Debt-laden Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla... ...
Sensex gains 1.5%

The Indian stock market saw some hectic buying during the week ended 21 October 2016, as fairly positive global markets, some good second quarter... ...
Global Markets End on a Robust Note

Posted by Equitymaster The global markets performed well this week. Bank of Japan (BoJ) indicated that it would adjust the monetary policy as... ...
ACC declines sharply on disappointing results

ACC is down 3.4% on disappointing results. The cement maker announced this afternoon that it posted standalone net profit of Rs 84.10 crore for the... ...
UltraTech shareholders approve merger of JP Group's cement biz

UltraTech Cement today said its shareholders have approved the merger of the cement business of the debt-laden JP Group with itself. Earlier this... ...

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