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Future Consumer to enter JV with UK wholesaler Booker Group Mumbai: Future Group’s packaged goods arm called Future Consumer has entered in to a joint venture (JV) with UK’s largest wholesaler Booker Group, to set up ~70 cash-and-carry stores in the next 3-4 years....

Livemint November 15, 2016

Emami Group to invest Rs 8,500 cr in cement arm Kolkata: Emami Ltd, a fast-moving consumer goods (FMCG) company, plans to invest around Rs 8,500 crore (US$ 1.27 billion) to scale up its cement production capacity from 2.4 million tonnes (MT) to 15-20 MT in the next three to five years....

Business Standard October 25, 2016

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
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