Adani-Hindenburg row: JPMorgan Chase's investment arm offloads ESG funds of Adani Group stocks
JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF got rid of 70,000 shares in cement manufacturer ACC Ltd., exiting a stake it has held since May 2021, a report in Bloomberg stated.
Why Hindenburg's report on Adani Group is a blessing in disguise for truckers in Himachal
Last year, the Adani Group bought ACC and Ambuja Cements from Swiss giant Holcim and became India's second-largest cement manufacturer. However, the group on December 15 decided to shut down two plants in Himachal as it felt the truckers were charging higher freight rates.
Truck operators returned to work in Himachal after sixty-eight days
Truck operators at two Adani group-owned cement plants at Bilaspur and Solan districts returned to work after 68 days of strike following an agreement over the freight rates. Truckers were on strike after the closure of two cement plants in Bilaspur and Solan by Adani group-owned ACC and Ambuja Cements. The deadlock between the cement company management and truck operators ended on Monday after both the management of the Adani cement plants (Barmana in Bilaspur and Darlaghat in Solan) and the representatives of the truck unions agreed to the new freight rate of Rs 10.30 per kilometre per tonne for single axle and Rs 9.30 per kilometre per tonne for multi-axle during a meeting held here chaired by Chief Minister Sukhvinder Singh Sukhu. Truck operators on Tuesday called the General House in Darlaghat to discuss the CM's announcement regarding freight rates. In this, a proposal was made regarding the new rate, which has been accepted unanimously. Hundreds of people from eight societies
ACC LTD. - 500410 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Result of Postal Ballot and Scrutinizers Report
ACC Ltd Results Earnings Call for Q3FY23
Conference Call with ACC Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
ACC, Ambuja Cements shares rise up to 4%. Here's why
The new freight rates finalised with transporters for single axle trucks of 12 tonnes would be Rs 10.30 a tonne per km for Ambuja Cements' Darlaghat plant and ACC's Gagal plant as compared to earlier rates of Rs 11.41 for Gagal and Rs 10.58 for Darlaghat units earlier.
'Long-term broadcast deal in jeopardy if India-Pak don't clash in Asia Cup'
A long-term lucrative media rights deal between the Asian Cricket Council (ACC) and the broadcaster could be in jeopardy if a solution is not found quickly to break the deadlock between India and Pakistan on the issue of hosting of the Asia Cup. The Asia Cup has been allotted to Pakistan but due to the prevailing political tensions between the neighbours, BCCI has said India will not send its team for the tournament in September and would rather want the continental event be moved to the UAE or Sri Lanka. However, the Pakistan Cricket Board (PCB) has so far not agreed to the demand, leading to a stalemate. In the event of India withdrawing from the Asia Cup in Pakistan, the tournament will lose its sheen and the broadcaster could incur heavy losses with no riveting India-Pakistan clashes. A source said that under the long-term agreement between the ACC and the broadcaster, it is mandatory that Pakistan and India play each other at least twice, or thrice, in the regional multi-team ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication ACC LTD. - 500410 - Corrigendum To The Notice Of Postal Ballot
Corrigendum to the Notice of Postal Ballot ACC LTD. - 500410 - Adani Listed Portfolio - 9M FY23 Results Compendium And Credit Note
Adani Listed Portfolio - 9M FY23 Results Compendium and Credit Note