A toxic cocktail of favouritism by partners, poor work-life balance, inadequate compensation, mental health issues, burgeoning ambitions and the lure of leadership roles have led to a massive churn in the legal profession. Here’s the lowdown.
“We have sold the company with no further indemnification from our side,” Jan Jenisch, chief executive officer of Switzerland-based Holcim, told investors on a call on May 15.
Our specially curated package of the most interesting articles of the day will help you stay at the top of your game
The largest infra and materials deal in the country makes Adani India’s second-largest cement maker with a capacity of about 70 MTPA
Ambuja shares climbed about 26 percent in April, giving it a market value of about $10 billion. Holcim, which controls 63.1 percent of the company, has been considering the sale of its stake
Holcim and Ambuja's proposed deal to effectively restructure Holcim's holding structure in India, which was originally proposed in 2013, will allow its parent Swiss giant LafargeHolcim to strengthen India footprint.
Government today cleared the proposal of Ambuja Cements to acquire 24 per cent stake in its holding firm Holcim India, a move that will allow its parent Swiss giant LafargeHolcim to strengthen India footprint.
Securities and Exchange Board of India has observed that the two-step restructuring of Ambuja Cements and Holcim group was interdependent and ruled that both legs have to be approved by majority of the shareholders.
In an interview to CNBC-TV18, Mihir Jhaveri, Religare Capital Markets speaks on the impact on Ambuja Cements and ACC on the back of the Holcim deal. He expects the stocks to underperform in the near-term.
ITC | Maruti Suzuki | ACC | Ambuja Cements | Elder Pharma | Wockhardt | Diamond Power | Hero MotoCorp | Cairn India | Novartis India and Central Bank of India are stocks, which are in the news today.