Ultratech Cement

  • GMR sells $35 million highway stake to slash debt 17-09-2013 06:32 PM

    GMR Infrastructurehas sold its majority stake in a highway project for about $35 million, as debt-laden companies step up sales of some assets to boost earnings in a sector struggling with a weak economy. GMR, one of the country's best known infrastructure groups, whose interests span airports to power plants,...
  • Aditya Birla Group to acquire Gujarat cement for Rs 3,800 cr 11-09-2013 07:44 PM

    Aditya Birla Group firm UltraTech Cement Ltd on Wednesday said it will acquire Gujarat Cement unit of Jaypee Cement Corp Ltd for Rs 3,800 crore. UltraTech Cement will acquire the Gujarat Cement Unit of Jaypee Cement Corp Ltd. Gujarat Cement Unit comprises of an integrated cement unit at Sewagram and...