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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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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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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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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 …

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EXCLUSIVE: This is what has changed in 2016 for consumers in the online car market

According to reports, unlike the new car market, India's used car market has had a relatively stabl…

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3 mins read

The new tax collection-at-source rule is so absurd that it might actually be a language mistake

As per industry executives, a new rule is going to make tax collection at source (TCS) compulsory, …

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1 min read

Another Semiconductor Company Delivers Bad News About The Industry And Now Its Stock Is Tanking

In its earnings statement, AMD CEO Lisa Su said, "Our Enterprise, Embedded and Semi-Custom segment …

Myles Udland   


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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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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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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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Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head

Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…

PTI   


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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…

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Billionaires to Bollywood: All invited to Anant Ambani's pre-wedding festivities

India's top billionaires, including Gautam Adani and Sunil Bharti Mittal, mega stars from film indu…

PTI   


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Indian stock markets slip again, Sensex down by 713 points, Nifty by 202 points

Indian benchmark indices, the Nifty and the Sensex, opened in the red in early morning on Thursday,…

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4 mins read

Deloitte sought independent external probe into Hindenburg allegations; Adani firm says reasons for resignation not convincing

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external …

PTI   


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NTT to invest estimated USD 1.5 bn in data centres in India

Mumbai, Jan 22 () Japanese tech major NTT on Wednesday said a significant part of its USD 7 billion…

PTI   


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Desperately need supply of oxygen to save lives, appeals Delhi's Ganga Ram Hospital

"We need oxygen very badly. Have enough to last only seven to eight hours," hospital Chairman D.…

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Judges in India say it is the height of greed for steel plants to operate as COVID oxygen supplies in hospitals dwindle

Two judges said it seemed like "human life is not important," as steel plants are allowed to use ox…

Cheryl Teh   


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Google Cloud partners Netmagic to create Center of Excellence

Mumbai, July 7 (IANS) Leading managed hosting and multi-Cloud hybrid IT solution provider Netmagic …

Shannen Balogh