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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 …
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…
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
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 …
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
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…
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
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
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
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…
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) …
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
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 …
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
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…
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
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…
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…