Compat slashes Rs 6,307-cr penalty on India Cement, Ambuja Cem...

NEW DELHI: The Competition Appellate Tribunal (COMPAT) today ordered 11 cement producers, including UltraTech, Ambuja and ACC, to deposit Rs 630 crore as it hears their appeal against a record amount of penalty imposed by competition watchdog CCI ...

New Delhi: Ambuja Cements reported on Friday a 56.3 per cent rise in its net profit for the quarter ended March at Rs 488 crore on the back of higher gains from exceptional items. The company, in which Swiss building material major Holcim holds a ...

Emkay Global Financial Services has come out with its report on cement sector. The research firm has remained negative on ACC while retained hold rating on Ambuja Cements Ultratech Cements and remained positive on Grasim Industries.

MUMBAI: The Nifty pared intraday gains and slipped into negative territory as bulls took a breather after the index touched 6,070 in trade on Wednesday. Gains in FMCG, healthcare and oil & gas sectors were offset by losses in capital goods, power ...

After holding on in positive territory amid alternate bouts of buying and selling, the market has drifted lower in late afternoon trade with key stocks from banking, metal and information technology sectors reeling under selling pressure.Oil, power ...

.11%) India Cements shareholders it seems have paid a heavy price for the cricketing exploits of their chairman and managing director Narayanaswami Srinivasan. His rise to the top of Board of Control for Cricket in India (BCCI) and his team success ...

The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartelisation. In an interim order, the tribunal also ...

FIIs holding in BSE500 companies rose to 22.2%, the highest in at least 21 quarters during quarter ended March 2013, according to stock broker Emkay. FIIs were buyers to the tune of USD 10.2 billion whereas MF and BFI were sellers to the tune of USD ...

MUMBAI: The Nifty was holding above the psychological 6,000 mark on Tuesday as better-than-expected April WPI inflation, which was the lowest since November 2009, provided support. Most of the major sectoral indices, barring FMCG and capital goods, ...