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2 mins read

India Cement employees to lose jobs after UltraTech acquisition? Chairman Srinivasan answers

India Cements chairman N Srinivasan assured employees that there is no reason for employees to be c…

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3 mins read

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 …

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1 min read

India Cements' shares jump nearly 14%, UltraTech Cement soars 6.50% following acquisition news

Shares of India Cements Ltd jumped nearly 14 per cent on Thursday morning after leading cement make…

PTI   


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5 mins read

Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions

Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…

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3 mins read

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…

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Adani Group looks to raise $750 mn via syndicated loans from five European banks

The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…

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3 mins read

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   


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Dalmia Bharat to acquire cement, power plants of Jaiprakash Associates for ₹5,666 crore enterprise value

Dalmia Bharat’s subsidiary Dalmia Cement on Monday said it plans to acquire the cement, clinker and…

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5 mins read

Adani Group cement buyout is actually a bet on its infrastructure business

$ACC.NSE , $AMBUJACEM.NSE Stock price of both ACC & AMBUJA cements reacted positive to the acq…

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3 mins read

UltraTech Cement's ₹5,477 crore expansion plan is a sign that Birla is betting on a faster economic recovery

The demand for cement is on the road to recovery as migrants who have returned to their home towns …

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1 min read

Sensex rises by 174 points, Nifty trading at 14,750 — HCL Technologies, Bajaj Auto and UltraTech Cement top gainers

It opened at 49,868.53 and has touched an intraday high of 49,942.84 and a low of 49,653.67 po…

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2 mins read

Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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7 mins read

The Adani effect: Ambuja Cements rallies 40% in one month – analysts suggest good days ahead for the cement industry

Gautam Adani’s acquisition of Ambuja Cements and ACC from Holcim has sent the stocks of both the co…

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2 mins read

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…

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2 mins read

Sensex, Nifty50 back in the red on weak global cues; TCS, Infosys, Maruti, M&M among top laggards

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Thursday amid negativ…

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4 mins read

Gautam Adani: Man of the year

Gautam Adani, India’s richest and the world’s third richest person, has been crowned ‘Asia’s busies…

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2 mins read

Grasim Industries Q2 net profit at Rs 1,473 crore

New Delhi, Nov 14 () Aditya Birla Group's flagship firm Grasim Industries on Thursday posted a cons…

PTI   


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1 min read

Twitter acquires screen-sharing social media app Squad

Twitter has acquired social media app Squad that lets people hang out with friends via video chat a…

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3 mins read

Top stock movers — Bajaj Auto, Future Consumer, Escorts, HCC, ICICI Lombard, Indiabulls Housing Fin, Premier Explosives, and others

The 30-share BSE Sensex was trading 215 points higher, and NSE Nifty was trading 0.43% higher at…

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3 mins read

Market at record high, Nifty hits 13,000 — Here are the top stock movers in trade today

Indian equity benchmark indices hit record higher in early trade on Tuesday, tracking positive cues…