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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 …
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
Market Morning: JSW Steel, UltraTech Cement in action
Grasim, Dr. Reddy's, JSW Steel and Tata Steel were amongst the other stocks that were trading in gr…
3 mins read
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
2 mins read
Vivo X200 Pro expected to launch in India soon: Specifications, India price and all you can expect
Vivo’s upcoming flagship, the Vivo X200 Pro, is anticipated to launch in India by December, followi…
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
1 min read
UltraTech Cement to invest Rs 13,000 cr to add production capacity by 21.9 MTPA
Cement maker UltraTech on Saturday announced a fresh investment of Rs 13,000 crore to add productio…
PTI
2 mins read
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
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
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
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…
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.…
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
3 mins read
India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla
"With a government-led push to infrastructure investments and pragmatic policies such as the pr…
PTI
3 mins read
Emissions from the cement and steel sector will continue blowing past their carbon budgets, hindering warming targets
While the International Energy Agency's rosy 2010 scenario envisioned capturing and storing nearly …
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
Bullish start for stock markets: Sensex and Nifty surge at opening bell
At the opening bell, the Sensex showed a gain of 151.15 points, reaching 66,177.19, while the Nifty…
ANI
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…
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 …
6 mins read
Top 10 richest people in India in 2024
As the Indian economy continues to thrive and expand, Indian billionaires have not only amassed sig…