Category: Construction & Building Materials

UltraTech to make Binani Cement its subsidiary, earns board approval

UltraTech Cement has made an announcement confirming that the company’s board of directors has approved the proposal of incorporating Binani Cement (BCL) as a wholly-owned subsidiary. Apparently, the revised bid by Aditya Birla group owned UltraTech Cement for debt-ridden Binani Cement was recently approved by …

Autodesk signs definitive deal to buy PlanGrid for USD 875 million

Autodesk has reportedly inked a definitive agreement to acquire construction productivity software provider PlanGrid for USD 875 million. As per trusted sources, the acquisition of the San Francisco-based startup fits with the vision of Autodesk to digitize design in general. Launched in 2011, PlanGrid is …