Dalmia Bharat - Unews World

JAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power – Times of India

August 5, 2025 0

The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to fully acquire the debt-laden Jaiprakash Associates Ltd (JAL), clearing a key hurdle in the latter’s ongoing insolvency process.The green light from the antitrust regulator allows Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, to submit its resolution plan for JAL, PTI reported. The deal …

Cartel probe: CCI seeks 9 years of financial records from UltraTech, Dalmia Bharat, others; flags ONGC tender cartelisation – Times of India

July 4, 2025 0

India’s Competition watchdog, the Competition Commission of India (CCI) has directed UltraTech Cement — which now controls India Cements — along with Dalmia Bharat and Shree Digvijay Cement, to furnish detailed financial records and income tax data following a Director General (DG) report that flagged violations of competition norms in a tendering process by ONGC.In its order dated May 26, …

Stocks on brokerages’ radar for January 23 – The Times of India

January 23, 2025 0

Emkay Global Financial Services has maintained its ‘buy’ rating on Hindustan Unilever with a target price of Rs 2,675 (+14%). Despite a sub-par financial performance and muted near-term demand outlook, analysts maintained their positive stance on HUL since they feel in the medium term, the company’s enhanced execution could absorb the impact of macro stress.Elara Securities India has maintained its …