Binani Cement
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January 04, 2021, Monday
Not a penny to equity holders as DHFL bidders value firm's shares at zero
Investors baffled as DHFL had a market valuation of Rs 941 cr on Monday, with its stock trading at Rs 30 a share even after the ...
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March 09, 2020, Monday
Cement players with focus on North and Central India remain better placed
Most regions show cement prices per 50 kg bag to have improved by 0.7-5.0 per cent, while average prices in South India are still ...
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November 06, 2019, Wednesday
Change in Binani brandname, quality upgrade spur UltraTech turnaround
The last part of the series on the Insolvency and Bankruptcy Code takes a look at how Ultratech's acquisition of Binani helped it ...
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December 13, 2018, Thursday
After acquisition, Binani Cement renamed as UltraTech Nathdwara Cement
The acquisition has provided UltraTech "immediate earnings with ready to use assets"
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November 26, 2018, Monday
IFCI receives Rs 4.92 billion for Binani Cement under resolution plan
Shares of IFCI settled at Rs 13.71 per scrip, up 0.81%, on the BSE
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November 25, 2018, Sunday
SC verdict on Binani Cement's takeover a relief for its former promoter
Lenders not to invoke guarantee against Braj Binani; UltraTech boosts production capacity
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November 21, 2018, Wednesday
After bagging Binani, UltraTech hopeful of increasing profits in N India
However, takeover will help cement firm to widen leadership gap in northern market
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November 20, 2018, Tuesday
How Birla's win in the battle for Binani reshapes India's bankruptcy focus
The order will probably set a precedent for other companies in insolvency proceedings and may jeopardize the 270-day timeline ...
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July 19, 2018, Thursday
Binani's operational creditors optimistic after admission of claim
The operational creditors are claiming parity with financial creditors, and now their plea has been clubbed with another petition ...
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July 03, 2018, Tuesday
Insolvency process: SC asks Binani Cement pleas to be moved to NCLAT
Sources suggested the SC order might be aimed at an speedier closure of the litigation process