Latest News on Cement
Showing of 0 - 10 from 218 results
Cement - Total results - 218
May 21, 2018
Ultra Tech to acquire Century Textiles and Industries' cement business through share swap dealAditya Birla Group firm UltraTech said it would acquire cement business of BK Birla Group company Century Textiles and Industries through a share swap deal
May 16, 2018
Binani Industries offers to settle all claims of bankrupt cement subsidiary's debtors at NCLAT within two weeksNCLAT had on Tuesday directed RP of Binani Cement not to decide on the eligibility of the bidders, but just to pass on the revised resolution plans in sealed covers to the CoC.
May 15, 2018
NCLAT directs RP to give comments only on revised bids of Binani CementThe NCLAT made the remarks while hearing an application filed by UltraTech in the Binani Cement insolvency matter.
May 03, 2018
Binani Cement insolvency: NCLT asks CoC to consider UltraTech's revised offer; Dalmia 'surprised' by orderThe NCLT bench also asked the CoC to reconsider resolution plan of Rajputana Properties Pvt Ltd (RRPL), if the Dalmia Bharat Group firm, was willing to raise its offer more than UltraTech's bid.
Apr 20, 2018
UltraTech questions resolution process, terms process of evaluating bids for Binani Cement 'fraudulent'UltraTech apprehends that it was not declared as the H1 bidder in view of the penalty imposed by the Competition Commission of India.
Apr 16, 2018
UltraTech ups the stakes with improved Rs 7,990 crore offer for beleaguered Binani CementUltraTech Cement tabled a fresh offer, for Binani, to the resolution professional on 14 April. But, a new problem seems to have surfaced.
Apr 09, 2018
Binani Industries to move Supreme Court with Rs 7,618 cr offer, has assurance of support from most lenders, says coBinani, backed by Aditya Birla groups UltraTech Cement, has already received comfort letter for financial support.
Apr 05, 2018
Binani Cement's Committee of Creditors to stick with Rs 6,350 cr offer from Dalmia CementThe CoC did not approve the offer from its promoters Binani Industries, which is pitching for Rs 7,266 crore offer from the Aditya Birla Group firm UltraTech Cement, due to legal implications, sources said.
Apr 04, 2018
Changes to Insolvency and Bankruptcy Code to be prospective, says Corporate Affairs Secretary Injeti SrinivasWith a high-level panel suggesting a slew of changes to insolvency law, Corporate Affairs Secretary said that amendments would be prospective in nature
Mar 29, 2018
UltraTech Cements gets Competition Commission's nod to acquire Binani CementUltraTech Cement last week said it will buy loan defaulter Binani Cements stressed assets by providing Rs 7,266 crore to its parent company, Binani Industries.