· DIRECT TAXES – High Courts. 2 (14) : Capital asset – Advance given to subsidiary – Loss – Held to be allowable as short term capital loss [S. 2 (42A), 2 (47)] Dismissing the appeal of the revenue the Court held that, advance given to subsidiary which was written off is held to be allowable as short term capital loss.
· The penalty of approximately 63.2 billion rupees levied by the CCI in the Cement cartel case 42 remains the highest penalty it has levied to date. This penalty was levied against cement manufacturing companies for fixing cement prices and limiting and controlling the production and supply of cement in the market in contravention of Section 3(1), read with …
Direct participation of erstwhile Grasim Shareholders in Samruddhi Cement/UltraTech Cement on cement restructuring added back for better comparison. Net Income from Operations Net income from operations grew by 7% from ` 20,195 crore to ` 21,585 crore.
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Cement and Knowledge-intensive business, with a strong service orientation as signification growth opportunities, Grasim, with a major presence in Cement, finds synergies with L&T''s cement business. In addition, L&T is recognized as a premier Indian enterprise with major investments in Cement, IT and other Knowledge-intensive service oriented businesses.
Ultratech Cement - Manufacturer from Mumbai, India | About Us Ultratech Cement - Professionally managed team of more than 1000 People, we are established as Manufacturer of UltraTech Building Products, Birla White Cement & UltraTech Cement since 1983 in
amalgamated with Grasim effective July 1, 2017. The financial services business of Grasim was demerged and transferred to ABCL, post which ABCL has been listed on September 1, 2017. Subsequent to listing, ABCL is held 57% by Grasim, 26% by public and
· The merged Grasim entity will have a consolidated turnover of INR 59,766 crore, EBITDA of INR 11,961 crore and net profit of INR 4,245 crore for year closing March 2016. This will be the number 1 cement company in India with the largest selling brands.
Grasim''s Cement Division at Reddipalayam is the first cement company in the world to receive actual CERs (Rs.3.5 Crores for 2007-08). This is the culmination of the journey after successfully substituting conventional fuel by agro-based alternative fuels and waste tyres and the subsequent venture to claim for carbon credit.
· 1) JM Morgan Stanley Private Limited (hereinafter referred to as "JMM") is a Category-I, Merchant Banker, with SEBI Regn. No. INM 000010361 registered with Securities and Exchange Board of India (hereinafter referred to as ''SEBI''). An Enquiry Officer was appointed vide order dated 27/2/2003 to inquire under Regulation 45 (4) and (5) of ...
The merged Grasim entity will have a consolidated turnover of INR 59,766 crore, EBITDA of INR 11,961 crore and net profit of INR 4,245 crore for year closing March 2016. This will be the number 1 cement company in India with the largest selling brands.
Grasim''s shareholding level in L&T was much below the level required to attain de jure control. In order to rope Grasim into the meaning of regulation 12 of the Takeover Code, the SEBI will have to prove with hard facts that Grasim had acquired de facto control over L&T, ie it will have to show that Grasim had taken advantage of being the single largest shareholder in L&T to …
· The penalty of approximately 63.2 billion rupees levied by the CCI in the Cement cartel case remains the highest penalty it has levied to date. This penalty was levied against cement manufacturing companies for fixing cement prices and limiting and controlling the production and supply of cement in the market in contravention of Section 3(1), read with …
· by Patrick May 7, 2020. July 23, 2020. There are two schools of Stock Analysis: The technical and the fundamental. Fundamental Analysis (FA) tells you what to buy whereas technical tells when to buy. Here we will dwell deeper into the former one. There are two main parts in fundamental research named Financial ratios and Valuation.
Grasim : Interview of the Month – TheManagementor Khor – 458470 … The state-of-the-art features of Vikram Cement … It received the prestigious …
6 1. INTRODUCTION Human resource management () emerged as a concept in the 1980s. Rebranding personnel management quickly became popular, but many organisations had little awareness of the theory behind the concept. This report aims to provide a
JK Lakshmi Cement Limited Grasim Industries Limited Ambuja Cements Limited HT Media Limited ACC Limited Aditya Birla Nuvo Limited Oracle Financial Services Software Limited J.B. Chemicals & Pharmaceuticals Limited Gail India Limited Talwalkars Better ...
PDF | The global market place is highly competitive and organizations that want to survive long term, have to continuously improve, change and adapt... | Find, read and cite all the ...
Maihar Cement - Introduction All Cement plants are equipped with captive thermal power plant for ... The company sells its cement under its premium brand name - BIRLA GOLD.Maihar ... Satna in the State of Madhya Pradesh with an installed capacity of 4.20 Million TPA.
(4) That the offer of M/s Grasim Industries has been received after open public tender and they are one of the largest cement producers in the country. (5) That the request made by the State Government to the Hon''ble Court was by way of helping and assisting the Liquidator in the disposal of the Company''s property under section 457 (1) (c) to save time instead of initiating …
Get UltraTech Cement Ltd live share price, market data, market depths, charts, news, fundamentals, derivatives, market capitalisation & performance and other company details. Name March-21 March-20 March-19 March-18 March-17 INCOME Operating Income
Answer (1 of 10): A deal can be friendly or hostile. In a hostile scenario the board and management team do not consider the bidder to be a good candidate for their personal interests and for the overall performance of the firm in the pursuit of maximizing shareholder
· P. Mohanraj Vs. M/s. Shah Brothers Ispat Pvt. Ltd.C.A. No.-010355 / 2018 2. On 28.04.2017, two cheques for a total amount of INR 80,70,133/- presented by the respondent for encashment were returned dishonoured for the reason "funds insufficient".
· DEFINITION of '' Self-Tender Defense '' A form of takeover defense against a hostile bid, in which the target company undertakes a tender offer for its own shares, i.e. a "self-tender.". A bear hug is an offer made by one company to buy the shares of another for a much higher per-share price than what that company is worth.
· Grasim has encouraged and helped entrepreneurs to utilise virtually the entire fly ash to make building bricks and cement. A small fraction of unutilised fly ash is mixed with solid waste from the effluent treatment plant and disposed of at an approved disposal site.
BSE: 19 Aug 2021: Intimation of Investor Meeting: BSE: 19 Aug 2021: UltraTech Cement Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Call Updates
The UP State Cement Corporation Ltd was incorporated in 1972 and had its production units at three places—Dalla, Chunar, and Churk—in District Mirzapur in UP. ... Government after initial resistance cancelled the deal with Sanjay Dalmia over the sale of the unit.
· Grasim acquired Ultratech in 2004, which was the demerged cement business of Larsen & Toubro Ltd. In 2007, Shree Digvijay Cement was sold off. After that, in 2010, the entire cement business of Grasim was divested into Samruddhi Cement following which UltraTech merged with Samruddhi.
· Grasim will then buy 8.5% from L&T at Rs 171.30 and make an open offer for 30% of the cement company at the same price. The offer price values the cement business at Rs 6,051 crore. If the offer is successful, Grasim will end up owning 51% of the company, which has been tentatively called CemCo.
CMYK CMYK UltraTech Cement Limited ANNUAL REPORT 2018-19 UltraTech Cement Limited B Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai - 400 093 The ...
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