Mar 13, 2018 02:46 PM IST
After putting their merger on hold, ACC and Ambuja Cements have announced a plan to enter into a master supply agreement with each other for supply of cement, clinker and raw materials. In an interview with CNBC-TV18, Sanjay Ladiwala, Cement Expert and Navin Sahadeo of Edelweiss spoke about the latest happenings in their company and sector.
- Feb 27, 2018 09:16 AM IST
ACC has shelved its merger with Ambuja Cements. In an interview with CNBC-TV18, Rakesh Arora, Managing Partner of Go India Advisors shared his thoughts.
- Feb 27, 2018 08:34 AM IST
Nearly a year after ACC and Ambuja Cements set up a committee of directors to explore a merger, ACC informed exchanges that they are currently not pursuing merger with Ambuja Cements. ACC SAID that there are constraints in implementing the merger currently but the merger with Ambuja remains the ultimate objective. In an interview with CNBC-TV18, Chairman of Ican Investment Advisors, Anil Singhvi - also the Former MD and CEO of Ambuja Cements discussed this development.
- Feb 26, 2018 08:32 PM IST
Watch the interview of Murtuza Arsiwalla, Analyst at Kotak Institutional Equities, and Rohit Natarajan, Analyst - Institutional Equities at IDBI Capital Market Services with Shereen Bhan of CNBC-TV18, where they shared their views on ACC calling off Ambuja Cement merger.
- Oct 23, 2017 01:34 PM IST
ACC and UltraTech Cement have both surprised the street with a massive topline beat this quarter. Is this indicative of a turnaround in the cement sector? In an interview to CNBC-TV18, Sanjay Ladiwala, Chairman, Cement Stockists and Dealers Association of Bombay and Jaspreet Singh Arora of Systematix Shares and Stocks shared their views and outlook on the same.
- May 08, 2017 09:06 AM IST
In an interview to CNBC-TV18, Rakesh Arora, Managing Partner at Go India Advisors said that ACC-Ambuja Cements merger is positive for shareholders.
- Apr 25, 2017 11:56 AM IST
Is the impact of demonetisation fading away for cement sector and how are prices poised to move over the next few quarters? In an interview to CNBC-TV18, Sanjay Ladiwala, Chairman of the Cement Stockists & Dealers Association of Bombay and Rakesh Arora, Managing Partner of Go India Advisors shared their views and readings of cement sector.
- Feb 06, 2017 11:19 AM IST
Sources have told CNBC-TV18 that parent company LafargeHolcim is mulling the merger of the two cement majors.
- Jan 11, 2017 09:00 AM IST
Speaking to CNBC-TV18, RP Gupta, MD & chief promoter of Shiva said that Shiva Cement will sell 19.5 crore shares to JSW Cement. The promoters, who has 36 percent stake in SHiva, will exit the company once the deal is done.
- Aug 31, 2016 08:28 PM IST
Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.
- Jul 11, 2016 06:21 PM IST
Nisha Poddar of CNBC-TV18 was joined by Puneet Dalmia of Dalmia Bharat, Anil Singhvi of Ican Investments Advisors and Vikram Hosangady of KPMG to understand the big deal between JP Associates and UltraTech Cement, and other deals in the offing.
- Nov 22, 2013 06:26 PM IST
Word on the street is that FIIs voted in favour of the deal heeding the advice of foreign proxy firms ISS and Glass Lewis.
- Jul 24, 2013 10:02 PM IST
According to Anil Singhvi, the Holcim-Ambuja merger is nothing short of a fraud played out on the minority share holders in India.
- Mar 22, 2013 06:26 PM IST
Sanjay Ladiwala, President of Cement Stockists & Dealers Association of Mumbai told CNBC-TV18 the slowdown in the infrastructure space is pressurising cement prices.
- Feb 19, 2013 02:38 PM IST
Sanjay Ladiwala, president, Cement Stockists & Dealers Association, Mumbai, and V Srinivasan, Angel Broking share their view on the cement price hike which took place across the country. The price increase will help companies to improve their margins going forward.
- Jun 21, 2012 05:27 PM IST
The Competition Commission of India (CCI) has pulled up 11 cement companies for forming a cartel and has penalized them with a fine of around Rs 6,000 crore. The commission has asked the companies to pay up 50% of their FY10 profits as penalty.
- Feb 04, 2011 01:42 PM IST
On account of continued margin pressures, most cement companies are hoping to increase prices for the first time in calendar year 2011. However, this hike may not be sustainable. "Logistical inadequacy is causing price hikes in the cement sector," says Sanjay Ladiwala president of the Cement Stockists and Dealers Association of Mumbai.