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Takeover by UltraTech Cement won't hit jobs, Srinivasan assures India Cements' staff

Takeover by UltraTech Cement won't hit jobs, Srinivasan assures India Cements' staff

Jul 30, 2024, at 05:16 pm

Chennai/IBNS: N. Srinivasan, the vice chairman and managing director of India Cements, has assured his employees that the company's takeover by UltraTech Cement will not impact their career.

UltraTech Cement shares gain after its board approves additional 32.72% acquisition of India Cements

UltraTech Cement shares gain after its board approves additional 32.72% acquisition of India Cements

Jul 29, 2024, at 06:17 pm

Mumbai/IBNS: The share price of UltraTech Cement gained over a percent in early trade on Monday (July 29), a day after the company announced the acquisition of another 32.72 percent stake in India Cements.