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2 mins read
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a…
3 mins read
Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore
The consolidated results of Ambuja Cements include the financial performance of its step-down firm …
PTI
2 mins read
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
2 mins read
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 …
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…
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…
2 mins read
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
1 min read
ACC falls 1.4% after acquiring Asian Concretes & Cements for ₹775 crore
Adani group controlled ACC acquired the remaining 55% stake in Asian Concretes and Cements (ACCPL) …
2 mins read
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
2 mins read
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
4 mins read
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.…
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…
1 min read
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
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…
2 mins read
Adani gets SEBI nod for a ₹10,100 cr open offer for Ambuja Cements, ACC
India's richest man Gautam Adani received SEBI nod to go ahead with a $3.8 billion open offer for A…
5 mins read
Adani Group cement buyout is actually a bet on its infrastructure business
The Adani Group has many business interests but most of all they’re builders - with presence in sec…
3 mins read
Our group's combined market cap exceeds $200 billion, says Gautam Adani
The success of the Adani Group is based on its alignment with the India growth story, and it is my …
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
3 mins read
Both Ambuja Cements and ACC are bet worth investing with strong parent Adani
Whether or not to invest in shares of ACC and Ambuja Cements after Adani acquired them has become t…
5 mins read
Here's why Adani and JSW Group are racing to acquire Ambuja Cements and ACC from Holcim
Both the cement manufacturing companies are owned by Switzerland-based Holcim Group that is look…