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Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC. The corresponding offer share prices of Rs 385 for Ambuja Cement and Rs 2,300 for ACC translate into cash proceeds of CHF 6.4 billion for HolcimPowered […]

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According to a report by University of Michigan, U.S. consumer sentiment has deteriorated by much more than expected in the month of May. The report showed the consumer sentiment index tumbled to 59.1 in May from 65.2 in April. The report showed the current economic conditions index slid to 63.6 in May from 69.4 in April, dropping to its lowest level since hitting 63.3 in […]

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The drug makers Bioequivalence Center at Taloja successfully completed UK drug regulators inspection.

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with effect from 16 May 2022

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