Global giants in race for Maharashtra cement unit

At least four global cement majors, Lafarge, CRH, Heidelberg Cement and Intalicementi, are in the race to buy a little-known cement company in Maharashtra Murli Industries with a total capacity of......

No premium to Birla, Sebi tells Heidelberg

The Securities and Exchange Board of Indiahas asked German cement maker Heidelberg Cement AG to acquire shares of Mysore Cements from the Indian promoters, the SK Birla group, at the same price at......

Heidelberg to move SAT on Sebi order

HeidelbergCement has decided to move the Securities Appellate Tribunal challenging the directive of the Securities and Exchange Board of India. This follows a Sebi directive, which had asked the......

Germany's Heidelberg enters India

HeidelbergCement, a $8.36-billion German major, has entered India by setting up a 50:50 joint venture with the SP Lohia-owned Indorama Cement.The new venture will run the grinding plant of Indorama......