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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

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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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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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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2 mins read

Market closing: Reliance, Bharti Airtel shine as Tata Steel, Hindalco end the day in red

Out of the 2,744 stocks traded during the day, 1,258 saw advances while 1,395 declined. 184 stocks …

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2 mins read

Nifty gains marginally to hit lifetime high

Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…

PTI   


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1 min read

India Cements share price plunges over 6% after ED search

The Enforcement Directorate (ED) has carried out a search operation at the corporate office of Indi…

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2 mins read

Adani group stocks tumble! Adani Energy slumps 17% after Hindenburg Research allegations on SEBI chairperson

​​Adani Energy Solutions nosedived 17 per cent, Adani Total Gas tanked 13.39 per cent, NDTV plunged…

PTI   


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4 mins read

After Adani, Hindenburg targets SEBI chief, she calls allegations baseless, character assassination

Hindenburg alleged that Buch and her husband had undisclosed investments in obscure offshore funds …

PTI   


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2 mins read

Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record

Equity benchmark Sensex plummeted over 700 points to sink below the 74,000 level and Nifty retreate…

PTI   


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4 mins read

Gold rate today (24th June 2024): Latest price in Indian key cities

Gold rate on Monday rose across India. In Delhi, 10 grams of 24-carat gold cost ₹ 72,380. On the MC…

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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) …

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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.…

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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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2 mins read

Sensex, Nifty fall for second straight session; Nestle jumps 4%

Equity benchmark indices, the Nifty and the Sensex, declined for the second consecutive session on …

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2 mins read

T+0 trade settlement will be available for 25 scrips starting Thursday

Stock exchanges BSE and NSE are all set to introduce the beta version of the T+0 or same-day trade …

PTI   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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1 min read

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   


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2 mins read

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…

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2 mins read

Market soars to new heights: Sensex, Nifty surge in opening rally

The day commenced with a dazzling surge, with Sensex surging by an impressive 275.62 points, unveil…

ANI