Holcim revamp plan to cost Rs6,500 cr

2018-02-16 2 Dailymotion

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Holcim Ltd's restructuring plans for its India units can cause an outgo of Rs6,500 crore in cash from Ambuja Cements. Shares of Ambuja Cements fell as much as 14.6%, the biggest drop in 20 years, a day after the plan was announced. Mint's Ami Shah explains the implications of the plan

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