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India's cement industry expected to grow to 5.09 billion tonnes by 2028-29 amid infrastructure push: Report
Driven by the growing government spending on infrastructure projects, the Indian cement industry is…
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
Ultratech acquires majority stake in India Cements: What are the implications, all you need to know
The deal is worth around 3,954 crore, with UltraTech Cement buying a 32.72% stake in India Cements …
UltraTech Cement to invest Rs 13,000 cr to add production capacity by 21.9 MTPA
Cement maker UltraTech on Saturday announced a fresh investment of Rs 13,000 crore to add productio…
PTI
Adani Group’s Ambuja Cements acquires Sanghi Industries at an enterprise value of ₹5,000 crore
After a long pause due to the Hindenburg effect, the Adani Group is back on its expansion path via …
Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%
The Adani family, the promoter of Ambuja Cements, on Thursday announced an infusion of Rs 6,661 cro…
PTI
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
China's cement sector faces headwinds, while India sees steady growth: Fitch Ratings
Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by o…
ANI
Infra & housing projects to keep India’s cement demand strong: Moody’s
India's cement production will continue to grow, supported by infrastructure-led investments and ma…
Adani Cement refinances $3.5 billion loan taken for ACC and Ambuja Cement acquisition
Adani Cement on Friday said it has refinanced USD 3.5 billion loan it had taken for the acquisition…
PTI
Adani Group will invest Rs 12,400 cr in Telangana
The conglomerate's flagship firm Adani Enterprises will invest Rs 5,000 crore in setting up a 1…
PTI
Ambuja Cements to invest Rs 6,000 cr in renewable power projects by FY26
Ambuja Cements Ltd, owned by Adani Group, on Monday said it will invest Rs 6,000 crore in 1,000 MW …
PTI
A good season ahead for cement companies with price hikes
The Indian cement sector saw good growth in demand and profitability in the first half of the year.…
Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121.90/share
Billionaire Gautam Adani-owned Ambuja Cements Ltd on Tuesday announced the completion of the acquis…
PTI
Smaller cement players likely to sell out as big boys out to buy market share
The cement industry is headed for a lot of action in the coming years because the big boys of the s…
UltraTech Cement’s Q4 net profit falls 32% to ₹1,666 crore, declares dividend
UltraTech Cement’s Q4 net profit fell 32% to ₹1,666 crore as compared to ₹2,461 crore in the same q…
India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla
"With a government-led push to infrastructure investments and pragmatic policies such as the pr…
PTI
Ambuja declared as preferred bidder for Uskalvagu limestone block in Odisha
Ambuja Cements Ltd, a part of Adani Cement on Thursday said it has been declared as the 'preferred …
PTI
JSW Cement to double production capacity to 25 MTPA by 2023
The company is planning to expand manufacturing capacity at its Odisha-based subsidiary Shiva Cemen…
PTI
Cement companies are girding for tougher times as rising fuel costs bite
The recent increases in cement prices are unlikely to translate into gains for the cement companies…