Latest News on Ultratech
Showing of 0 - 10 from 18 results
Ultratech - Total results - 18
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Nov 22, 2018
UltraTech to incorporate Binani Cement as subsidiary; acquisition gives firm access to top quality limestone reserves
UltraTech Cement said on Wednesday its board has approved a proposal to incorporate Binani Cement as it a wholly-owned subsidiary. -
Aug 22, 2018
Ultratech gets Competition Commission of India's nod to acquire cement business of Century Textiles and Industries
UltraTech had said it would acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal -
Jul 25, 2018
NCLAT dismisses cement-makers' plea against Rs 6,700 cr CCI penalty for cartelisation
In August 2016, CCI had slapped approximately Rs 6,700 crore penalty on 11 cement firms including UltraTech, ACC, Ambuja, Ramco and JK Cement as well as the industry body Cement Manufacturers Association (CMA) for indulging in cartelisation. -
Jul 19, 2018
Kumar Mangalam Birla says all is not rosy for economy, warns of near-term headwinds
Birla said rising oil prices, spiralling inflation, firming bond yields and a widening current account deficit are areas of concern -
May 21, 2018
Ultra Tech to acquire Century Textiles and Industries' cement business through share swap deal
Aditya 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 03, 2018
Binani Cement insolvency: NCLT asks CoC to consider UltraTech's revised offer; Dalmia 'surprised' by order
The 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. -
Mar 27, 2018
NCLT asks lenders to consider Binani Industries application, suggests out-of-court settlement
NCLT asked the CoC whether it could consider application filed by Binani Industries, the parent company of Binani Cement, for a settlement outside tribunal -
Mar 21, 2018
UltraTech says some Binani Cement creditors back its $1.1 billion bid outside of bankruptcy process
UltraTech said it had secured backing from some creditors of Binani Cement to buy firm for $1.1 billion outside of a bankruptcy process -
Jan 16, 2018
Rakesh Jhunjhunwala, Radhakishan Damani battle it out with big industry players to bid for Binani Cement
The banks had claimed Rs 3,884 crore unpaid loans due on Binani Cement that included borrowings from the SBI, Canara Bank and Bank of Baroda.
