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  • Webcomic: How Karsanbhai Patel created a low-cost detergent and made Nirma a household name Sep 26, 2018 12:50 PM IST

    Webcomic: How Karsanbhai Patel created a low-cost detergent and made Nirma a household name

    Latest in the Moneycontrol Graphic Spot: The Nirma story.

  • Green nod to Lafarge India's Rs 194 cr limestone mine project Nov 29, 2016 01:38 PM IST

    Green nod to Lafarge India's Rs 194 cr limestone mine project

    Nongtrai limestone mine is operated by Lafarge Umiam Mining Pvt Ltd (LUMPL), a 100 percent subsidiary of Lafarge Surma Cement Ltd (LSC), Bangladesh. The limestone from the mine is supplied to a cross-border cement manufacturing plant of LSC in Bangladesh.

  • CCI slaps over Rs 6,700 crore fine on 11 cement cos Aug 31, 2016 08:28 PM IST

    CCI slaps over Rs 6,700 crore fine on 11 cement cos

    Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

  • Lafarge deal to be the ticket to Nirma's cement ambitions Jul 12, 2016 03:10 PM IST

    Lafarge deal to be the ticket to Nirma's cement ambitions

    Ahmedabad-headquartered soda ash and chemicals maker Nirma has been striving to firm up its base in the cement business without much success and the Lafarge deal, though expensive, proves to be a strategic fit in scaling up its capacity significantly from 2 million tonnes currently, experts say.

  • Lafarge has got itself a sweet deal with Nirma: Anil Singhvi Jul 11, 2016 10:24 PM IST

    Lafarge has got itself a sweet deal with Nirma: Anil Singhvi

    Although the valuations of the deal look demanding, Anil Singhvi, Chairman of Ican Investment Advisors believes this is because it is sale of a fine-tuned business and not cement assets.

  • Nirma to raise Rs 4k cr to fund Lafarge buy; ropes in bankers Jul 11, 2016 08:30 PM IST

    Nirma to raise Rs 4k cr to fund Lafarge buy; ropes in bankers

    Earlier in the day, Swiss cement giant LafargeHolcim announced it has entered into an agreement to sell its assets in Lafarge India to Nirma for USD 1.4 billion, or about Rs 9,400 crore.

  • Nirma joins race to acquire Lafarge's India assets: Sources May 24, 2016 09:55 AM IST

    Nirma joins race to acquire Lafarge's India assets: Sources

    French cement maker Lafarge has been looking to sell its 11 million tonne cement assets in India. It had shortlisted companies like Piramal GRoup, JSW Group and Cemex, learns CNBC-TV.

  • Mines Ministry to tweak captive mine transfer rules: Sources May 16, 2016 03:35 PM IST

    Mines Ministry to tweak captive mine transfer rules: Sources

    Sources say transfer fee to be 80-150 percent of royalty of minerals and that it may not be possible to have a single transfer fee for all minerals.

  • Lafarge shortlists bidders for 11MT cement assets May 11, 2016 01:01 PM IST

    Lafarge shortlists bidders for 11MT cement assets

    The global cement major expects Rs 11,000 crore valuation for the capacity. JSW Group, CVC and Piramal in race to buy the assets.

  • Dalmia Cement withdraws appeal against Lafarge-Holcim deal May 09, 2016 09:20 PM IST

    Dalmia Cement withdraws appeal against Lafarge-Holcim deal

    Dalmia Cement has withdrawn the appeal filed before the competition tribunal against transfer of Lafarge's assets as approved by the Competition Commission, clearing the way for the merger of Lafarge and Holcim in India.

  • Here's why SP Tulsian is positive on realty, white goods stocks Apr 18, 2016 07:59 PM IST

    Here's why SP Tulsian is positive on realty, white goods stocks

    However, SP Tulsian, CEO at sptulsian.com finds it difficult to comment whether sugar stocks will hit their previous highs or not but majority of the stocks in this space will post record bottom-line.

  • Lafarge-Holcim merger in jeopardy: COMPAT stays deal Apr 13, 2016 08:51 PM IST

    Lafarge-Holcim merger in jeopardy: COMPAT stays deal

    This is seen as a victory for Dalmia Cement which had challenged the sale process.

  • Foreign, PE players eye Lafarge's India assets: Sources Apr 12, 2016 08:49 PM IST

    Foreign, PE players eye Lafarge's India assets: Sources

    French cement maker Lafarge has been looking to divest its interest in Lafarge India assets to comply with competition rules in the country.

  • Essar sells business park in Mumbai for Rs 2,400 cr Feb 03, 2016 07:59 PM IST

    Essar sells business park in Mumbai for Rs 2,400 cr

    Essar may use some of the proceeds to pare its debt, which stands at about Rs 80,000 crore. Essar said it has entered into an agreement to sell Equinox Business Park, developed by the Essar group firm Equinox Realty Holding Ltd.

  • Looking to expand cement biz; Lafarge on radar: Sajjan Jindal Feb 03, 2016 04:45 PM IST

    Looking to expand cement biz; Lafarge on radar: Sajjan Jindal

    "We are looking at various opportunities to acquire cement assets and Lafarge is just one of the assets we are looking at. Not aware of the legal intricacies of the deal with Lafarge, but it will enable us to scale up our presence," says Sajjan Jindal, chairman and managing director of JSW Steel

  • KKR sells stake in Dalmia Bharat Cement for over 1,218 cr Jan 15, 2016 06:13 PM IST

    KKR sells stake in Dalmia Bharat Cement for over 1,218 cr

    The deal has earned the private equity player a return of 2.4 times on its investment of Rs 500 crore that it made in September 2010

  • CREDAI moves CCI against cement firms Oct 05, 2015 03:45 PM IST

    CREDAI moves CCI against cement firms

    "To control the cost of construction and make home prices work for the common man, the Confederation of Real Estate Developer's Associations of India (CREDAI) has moved the Competition Commission of India (CCI) against cement manufacturers who have been unduly increasing the cost of cement," the association said in a statement.

  • Shree Cement slips 4%, CREDAI bans company's products Sep 29, 2015 01:27 PM IST

    Shree Cement slips 4%, CREDAI bans company's products

    Besides Shree Cement, CREDAI has also banned UltraTech Cement and Lafarge, alleging the companies of indulging in practices of cartelisation and malpractices

  • CREDAI NCR not to buy cement from Ultratech, Lafarge Sep 28, 2015 11:30 AM IST

    CREDAI NCR not to buy cement from Ultratech, Lafarge

    Real estate developers body CREDAI's NCR chapter has decided against buying cement from Ultratech and Lafarge, alleging that the firms are indulged in cartelisation and malpractices.

  • Birla Corp to acquire cement biz from Lafarge; up 12.5% Aug 17, 2015 09:43 AM IST

    Birla Corp to acquire cement biz from Lafarge; up 12.5%

    The company either directly or through its wholly owned subsidiary, shall acquire both cement businesses for an enterprise values of Rs 5000 crore.

  • L&T to sell 15% stake in IT unit IPO; may raise Rs 2,500 cr Jul 31, 2015 08:06 PM IST

    L&T to sell 15% stake in IT unit IPO; may raise Rs 2,500 cr

    Joining the IPO rush, business conglomerate Larsen & Toubro (L&T) will sell up to 15 percent stake in its IT services unit L&T Infotech through a public issue estimated at about Rs 2,500 crore.

  • Crompton rises 4% on electrical motors order from French co Jul 08, 2015 10:13 AM IST

    Crompton rises 4% on electrical motors order from French co

    "Crompton has signed a global supply agreement with cement major Lafarge for electric motors," said the electrical energy company in its filing to the exchange.

  • CCI gives green signal for the Holcim-Lafarge merger deal Apr 01, 2015 09:45 PM IST

    CCI gives green signal for the Holcim-Lafarge merger deal

    The USD 40 billion-deal, which a few weeks ago was on the verge of even falling apart, was also the second instance where the CCI sought public comments to assess the anti-competition nature of the transaction.

  • UltraTech Cement rises 5% on price hike buzz Jan 13, 2015 02:30 PM IST

    UltraTech Cement rises 5% on price hike buzz

    Shares of UltraTech Cement rose 5 percent intraday on Tuesday after Morgan Stanley has said, in a note, that cement companies have raised prices across region.

  • CCI begins public scrutiny of Holcim-Lafarge deal Nov 22, 2014 02:25 PM IST

    CCI begins public scrutiny of Holcim-Lafarge deal

    The comments with respect to the Holcim-Lafarge deal need to be submitted to the CCI (Competition Commission of India) within 15 days, along with supporting documents on how the merger can adversely impact the concerned person or entity, the regulator said, adding that it would not consider 'unsubstantiated objections' to the deal.

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