But, whether players maintain discipline or turn aggressive on pricing as new capacities come on stream will be crucial
While there are curbs on banks for directly funding takeovers and acquisitions, banks will assess any room for funding via overseas branches and subsidiaries when exposure review is done
India-Mauritius treaty allows tax exemption on such agreement, says Swiss company's CEO.
Adani group aiming at 100 mn tonnes per annum combined, from present 70 mn tonnes; both firms to invest with own cash and fresh debt; ACC-Ambuja merger on cards
From Gautam Adani winning the race for Ambuja Cement to Sebi forming expert panel on FPIs, here are the top headlines on Monday
The Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets
Why are top Indian companies vying for Ambuja & ACC? Can Sonam Wangchuk's innovation clear Delhi's air? Market volatility to make companies trim their IPO size? What is USFDA's Form 483? Answers here
UltraTech outlines divestiture details that would meet the norms set by Competition Commission of India
The open offer for ACC will cost the acquirer Rs 10,800 crore, or $1.42 billion
ACC was up 5% to Rs 1,717 and Ambuja Cements up 2% at Rs 268 on the BSE.