Business
No tax approved responsibility, indemnity in sale of Ambuja Cements, ACC to Adani Group: Holcim
There will be no indemnity or tax liability for the Switzerland-based Holcim Group in its $6.4 billion transaction to sell its stake in Ambuja Cement and ACC to the Adani Group, the company said in an analyst call on Monday.The new buyers of Ambuja Cement and ACC will be liable for the anti-trust fines against…
![No tax approved responsibility, indemnity in sale of Ambuja Cements, ACC to Adani Group: Holcim](https://www.24x7bulletin.com/wp-content/uploads/2022/05/6162-no-tax-approved-responsibility-indemnity-in-sale-of-ambuja-cements-acc-to-adani-group-holcim.jpg)
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
“Under my leadership, Cong purchased 135 seats,” DKS
“Under my leadership, Cong got 135 seats,” DKS
Business
‘India, Russia settling some non-oil trade in Re’
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