Jaiprakash Associates today said it has got the approval of National Company Law Tribunal (NCLT) for transfer of its cement plants to the Aditya Birla group firm, UltraTech Cement. "NCLT Allahabad bench has sanctioned the scheme of arrangement whereby the ... Business Standard, 3 weeks ago
To promote cargo movement through water in a big way, the government has set in motion transportation of cement on National Waterway 1 on the Ganga. "In keeping with the objective of the government to make cargo movement on National Waterway 1 (Ganga) a ...Business Standard, 1 month ago
In the past one month, the stock price of little-known Andhra Cements ran up close to 70 percent, even beating its larger peers by a margin. The rally could most likely have been sparked by market buzz that the Jaypee Group-promoted cement player has been put ...Money Control, 1 month ago
Posted by Equitymaster Global markets started 2017 on a positive note. The DJI came tantalisingly close to exceeding the 20,000 milestone. This was on the back of December jobs report, which showed that the economy added 156,000 jobs in December and average ...Equitymaster.com, 2 months ago
The taboo in selling assets has departed from the Indian promoter’s psyche, which is resulting in a large number of billion-dollar deals. In October, when the Essar group sold its 98 per cent stake in Essar Oil to a Rosneft-led consortium for about $13 billion, it changed the face of mergers and acquisitions in the country. The Ruias celebrated the deal with full-page advertisements in financial newspapers. Harsh Goenka, chairman of the RPG group summed it up thus: “Earlier, ...Rediff.com, 2 months ago
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