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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…

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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   


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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   


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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   


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1 min read

Sanghi Industries, Ambuja Cement stock jumps after acquisition news

Shares of Sanghi Industries on Thursday jumped 5 per cent after Ambuja Cement announced the acquisi…

PTI   


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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   


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Ambuja Cements Q1 profit up 31.2% to ₹1,135.46 cr; revenue up 8.4%

Ambuja Cements on Wednesday reported an increase of 31.2 per cent in consolidated net profit at Rs …

PTI   


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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   


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Record levels of cash, asset availability drove M&As in 2022

Record levels of cash, asset availability drove M&As in 2022

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Market value of LIC investment in Adani stocks hits ₹44,670 cr

LIC's biggest bet is Adani Ports & SEZ Ltd where it holds 9.12 per cent shares. At Wednesda…

PTI   


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Markets open in the green on global cues

Indian markets may open higher as SGX Nifty, an early indicator of the market, was up 1.32%.Most As…

Bhakti Makwana   


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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…

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1 min read

Adani Group-owned Ambuja Cements, ACC clarify their shares not pledged by promoters

"The Promoters have only provided non-disposal undertaking and accordingly, there is no requirement…

ANI   


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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…

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1 min read

Cement makers plan to hike price by ₹10-15 per bag

According to a report by the company, in November the prices went up by about ₹6-7/bag. While…

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2 mins read

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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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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Ambuja Cement and Boman Irani are back with another wall-breaking campaign

This time the campaign also features actor Vinay Pathak

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Sensex, Nifty clock gains with buying in IT and finance stocks

After a see-saw session, the 30-share BSE Sensex ended 142.43 points or 0.23 per cent higher at 60,…

PTI   


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3 mins read

Sensex, Nifty50 likely to open lower amid mixed global cues: SBI, ITC, Vodafone Idea among stocks in focus

Earlier on Friday, both the benchmark indices closed in the green led by financial services and …