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COMPAT directs cement firms to deposit Rs 630 cr COMPAT directs cement firms to deposit Rs 630 cr The Competition Appellate Tribunal Friday ordered 10 cement producers, including UltraTech, Ambuja and ACC, and their association CMA to deposit Rs 630 crore as it hears their appeal against a record amount of penalty imposed by competition watchdog CCI last year.
DLF raises Rs 1,863 cr via IPP; fixes issue price at Rs 230 DLF raises Rs 1,863 cr via IPP; fixes issue price at Rs 230 Realty major DLF has raised Rs 1,863 crore through issue of over 8.1 crore fresh shares to institutional investors, enabling the company to dilute promoters stake to 75 percent in line with SEBI's minimum public shareholding norms.
DLF's institutional placement fetches over Rs 1,863 cr DLF's institutional placement fetches over Rs 1,863 cr Realty major DLF on Wednesday said it has raised more than Rs 1,863 crore through issue of shares to institutional investors.
Court allows ED probe into Saradha Group deals Court allows ED probe into Saradha Group deals The bench also directed the Central Bureau of Investigation (CBI) - a party to the petition - to submit an affidavit regarding its investigation into matter in other states.
Walmart probe: ED asks DIPP to clarify rules on FDI retail Walmart probe: ED asks DIPP to clarify rules on FDI retail The Enforcement Directorate, which is probing alleged violations of forex laws by retail giant Walmart in its investment in two Indian firms, has asked DIPP to clarify rules governing FDI in the multi-brand retail sector.
Promoter stake in Thomas Cook India reduced to 75% via IPP Promoter stake in Thomas Cook India reduced to 75% via IPP This is in compliance with the conditions prescribed by SEBI vide its letters dated March 8, 2013 and April 15, 2013 respectively, it added.
UltraTech Cement plans Rs 2,000-cr capex in Rajasthan UltraTech Cement plans Rs 2,000-cr capex in Rajasthan UltraTech plans to expand its capacity at Aditya Cement Works in Rajasthan by 2.90 million tonnes per annum (MTPA) including setting up of two grinding units.
Tax gain propels ACC profit nearly 2-fold in Jan-Mar Tax gain propels ACC profit nearly 2-fold in Jan-Mar Cement maker ACC's consolidated net profit for the January-March quarter nearly doubled to Rs 438 crore powered by higher "other income" and a one-time tax reversal.
Ambuja Cements Jan-Mar net up 56.3% to Rs 488 crore Ambuja Cements Jan-Mar net up 56.3% to Rs 488 crore Ambuja Cements on Friday reported 56.3 percent rise in net profit for the January-March quarter 2013 at Rs 488 crore on the back of higher gains from exceptional items.
Blackmoney: 1st ED notice against LGT account holders Blackmoney: 1st ED notice against LGT account holders Stepping up action against those involved in stashing blackmoney in Swiss banks, Enforcement Directorate has slapped its first penalty notice of Rs 2 crore for alleged forex violations against an individual after probe into LGT bank list given to India by Germany two years back.
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