Aditya Birla group

ultratech: UltraTech, AM Mining, others eye Vadraj Cement

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Mumbai: Aditya Birla Group’s UltraTech Cement, Sajjan Jindal-promoted JSW Cement, and Lakshmi Mittal-promoted ArcelorMittal are among a dozen companies vying to acquire Vadraj Cement, formerly owned by ABG Shipyard, having secured creditors’ debt of about ₹8,000 crore, said people with knowledge of the matter. Nirma Group, JK Cement, Naveen Jindal group entity, and Oaktree Capital … Read more

senco gold share price: Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

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Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … Read more