Holcim revamp plan to cost Rs6,500 cr

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