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Nirma cements US$ 1.4-bn Lafarge India buyout Mumbai: The Gujarat-based Nirma group, with presence in detergent, soap and chemicals sector, has bought Lafarge India’s cement business, consisting of 11 million tonne production capacity, for US$ 1.4 billion, thus strengthening its existing c...

Business Standard July 12, 2016

Denmark's FLSmidth in pact with L&T for building cement plant in Chennai Mumbai: FLSmidth, a global engineering company based in Copenhagen, has signed a contract with India’s Larsen & Toubro Limited for engineering, procurement and supply of equipment for a complete cement production line with a capacity of 3,0...

Livemint June 24, 2016

New mining law to spur cement, steel M&As New Delhi: The Parliament of India has cleared amendments to the Mines and Minerals Development and Regulation (MMDR) Act, which will enable companies to transfer captive mines leases similar to mines won through an auction, and which is expected to ...

Livemint May 03, 2016

Cement firms to gain from changes to MMDR Act New Delhi: The Union Cabinet has approved the proposal to amend the MMDR (Mines and Minerals Development and Regulation) Act, aimed at allowing transfer of captive mines across sectors, which will facilitate a number of mergers and acquisitions in th...

Livemint March 11, 2016

Govt to relax mining lease transfer rules New Delhi: The Government of India plans to enact a law that will allow the companies which received mining licenses without having gone through the auction process, to transfer these leases, in a move that is expected to make mergers and acquisition...

Livemint January 12, 2016
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