Dalmia Bharat shares surge over 3% after Q2 profit
In the September quarter, the company’s revenue from operations stood at ₹3,149 crore, up 6% year-on-year (YoY) as against ₹2,971 crore in the same period last year
In the September quarter, the company’s revenue from operations stood at ₹3,149 crore, up 6% year-on-year (YoY) as against ₹2,971 crore in the same period last year
Benu Gopal Bangur of Shree Cement leads the cement category, followed by Yadu Hari Dalmia of Dalmia Bharat and Sushila Devi Singhania of J K Cements.
Dalmia Cement has proposed to acquire clinker, cement, and power plants from Jaypee group at an enterprise value of ₹5,666 crore.
Jaiprakash Associates has decided to divest from the cement business completely.
It has been more than two years since India’s newest law for dealing with bankrupt companies was ratified. Yet, it remains unclear what is its purpose.
The Dalmia group’s Red Fort deal is not the first corporate involvement in conservation.
Unless issues around implementation are fixed, The Insolvency Code will remain an insolvent code.
The entire insolvency process under the Insolvency and Bankruptcy Code is under threat. Is it time for another amendment?