News for '-zuari-industries'

M&A wave set to sweep over South cement market, say industry experts

M&A wave set to sweep over South cement market, say industry experts

Rediff.com6 Aug 2024

UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. In the wake of one of the country's most expensive deals in recent times, cement majors may slug it out to add smaller firms from the region to their portfolio. UltraTech's buy is the latest in the four deals the southern market has seen in less than a year, with Adani Cement being the other buyer.

Fire cover for damage caused in a second

Fire cover for damage caused in a second

Rediff.com3 Sep 2009

"As long as there is a fire which caused the damage, the claim is maintainable, even if the fire is for a fraction of a second," the Supreme Court has said.