Paper / Wood / Glass/ Plastic/ Marbles-Ind'l Goods/Svs-Industry-The Economic Times - Seite 4 
AGI Greenpac flags flawed CCI nod to INSCO’s Rs 2,800 crore HNG takeover
AGI Greenpac has challenged the approval of Independent Sugar Corp's takeover of Hindusthan National Glass. AGI claims the approval by the Competition Commission of India was flawed. They allege that INSCO filed unilaterally, violating regulations. AGI argues the approval is invalid and seeks a review. The Supreme Court had previously addressed the matter.
The Supreme Court's decision in the Hindusthan National Glass insolvency case has increased the payout for creditors. Independent Sugar Corporation will match AGI Greenpac's cash offer, raising the total payout to ₹2,752 crore. The Supreme Court dismissed AGI's review petition and affirmed INSCO's commitment to the Committee of Creditors.
India’s paper imports more than double in four years to 2.05 million tonne, posing challenges for local players: IPMA
India's paper industry is facing significant challenges due to a surge in paper and paperboard imports, which reached a record 2.05 million tonnes in FY25. Imports from China have jumped by 33%, now accounting for 27% of India's total paper imports.
Agarwal Toughened Glass India Ltd. delivers stellar H2 FY25 results: PAT doubles and growth momentum accelerates
Agarwal Toughened Glass India Ltd. (ATGIL) announced impressive FY25 results, marked by a 103% surge in H2 PAT and significant gains in profitability. Driven by robust demand and regulatory tailwinds, the company is strategically venturing into solar glass and expanding capacity.
Kajaria Ceramics exits from plywood business due to continued losses
Kajaria Ceramics has decided to discontinue its loss-making plywood business, Kajaria Plywood, due to its lack of strategic fit and continued losses, expecting closure by June 30, 2025. This decision led to a 58.6% decline in consolidated profit for the March quarter, settling at Rs 43.18 crore.