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Holcim
Business  /  Published 21.09.22

Adani pledges entire Ambuja, ACC stake

Gautam Adani has pledged his entire 63 per cent stake in Ambuja Cements and his 56.69 per cent stake in its subsidiary ACC. At the current market prices, the combined value of the pledged shares stand...
By Our Special Correspondent in Mumbai

Business  /  Published 10.09.22

ACC, Ambuja: Adani's offer gets dull response

Adani Group's Rs 31,000-crore open offer to acquire 26 per cent additional stakes in Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements closed on Friday amid lacklustre ...
By PTI in New Delhi

Business  /  Published 26.07.22

'Never walked away from investing in India'

Richest Indian Gautam Adani on Tuesday said his ports-to-energy conglomerate never slowed or stopped investing in the country as the group's success is based on its alignment with the India growth...
By Our Bureau, PTI in New Delhi

Business  /  Published 03.06.22

Birla dares Adani in cement

Kumar Mangalam Birla is taking the battle back to Gautam Adani. Weeks after Adani snapped up Ambuja Cements and ACC, Birla announced a massive capacity expansion that will not only consolidate his pr...
By Our Special Correspondent in Mumbai

Business  /  Published 27.05.22

Open offer for Holcim duo starts on July 6

The Adani family will launch open offers for Ambuja Cements and ACC on July 6. It will close on July 19. ICICI Securities and Deutsche Equities India Pvt Ltd, which are joint managers to the offer, on...
By Our Special Correspondent in Mumbai

Business  /  Published 27.05.22

Birla creates USD 10 billion trove

Undeterred at losing the Holcim race to the Adanis, the Aditya Birla group will use the funds meant for the Indian assets of the Swiss giant to build a war chest to expand its businesses. Group chair...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.22

Withholding tax reprieve

According to a BQPrime report, the sale of shares by Holderfin in Holderind will come under Article 13 (5) of the India-Netherlands DTAA due to which tax liability, if any, will arise only in the Neth...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.22

Anti-trust fines to be Adani liability

Holcim CEO Jan Jenisch on Monday indicated that the Adani group will be liable for anti-trust fines against Ambuja Cements and ACC which are being litigated in the Supreme Court. Speaking at an conca...
By Our Special Correspondent in Mumbai


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