The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors. The deal, valued at nearly $10.35 billion, will put in the shade Cairn Energy Plc’s exit from India in 2010, when it sold Cairn India to Vedanta Group for $4.48 billion. Full story
Production of cement is a carbon-intensive process, responsible for 8% of carbon emissions worldwide. If concrete is reinforced with microfibres, it can potentially reduce the amount of cement needed for a project, or make the concrete last longer, saving carbon emissions as well as money […]
India and European Investment Bank (EIB) on Thursday signed a finance contract for the first tranche loan of Euro 250 million for the Agra Metro Rail Project […]
Discounts and flexi payment schemes induce homebuyers to purchase property, the survey said […]
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