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2 mins read

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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3 mins read

Majority of Adani group stocks settle lower; Adani Power drops nearly 3%

During the day, shares of Adani Power tumbled 3.20 per cent, Adani Energy dived 2.75 per cent…

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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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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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   


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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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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   


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3 mins read

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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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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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 …

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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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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…

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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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2 mins read

Adani Group repays loans worth $2.65 bn to complete prepayment programme

Adani Group has repaid loans worth USD 2.65 billion to complete a prepayment programme and improve …

PTI   


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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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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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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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4 mins read

Adani group stocks snap 2-day winning streak to trade in the red

The Adani Group stocks are trading in the negative territory on Thursday morning, with flagship com…