Ambuja Cement, the cement and building material company of Adani Group, announced the signing of a binding agreement for the ...
The acquisition is value accretive considering it will balance Adani Cement’s clinker facilities in north India, the company said in a BSE filing. The cement industry is in the positive cycle of ...
The Adani Group is reportedly pursuing multiple acquisitions in the cement sector, which includes Penna Cement, Saurashtra Cement, Jaiprakash Associates, and Vadraj Cement owned by ABG Shipyard as ...
Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including a mandatory open offer, a media report said. The deal, aimed at strengthening ...
Adani Group plans to set up a 2 million tonne per annum cement grinding unit in Guna, Madhya Pradesh, announced Karan Adani, CEO of Adani Ports and SEZ Limited. The Adani Group is also going to ...
Ambuja is one of the two firms the Adani Group bought in 2022 from Holcim Ltd. to emerge as India’s second-largest cement maker overnight. The conglomerate, which faced a withering short seller ...
Adani Ports and Special Economic Zones (APSEZ) on Wednesday, August 28, announced setting up a two million-tonne capacity cement grinding unit in Guna and a propellant production facility at ...
A chief manufacturing officer at Adani Group-backed Ambuja Cement in India’s Chhattisgarh state has been arrested for allegedly attempting to bribe a government official, the vigilance ...
Adani Cement on Friday said it has refinanced USD 3.5 billion loan it had taken for acquisition of ACC and Ambuja Cement, in sign of growing confidence of international institutions in the ...
India's cement industry is witnessing an intense battle as Gautam Adani's expansion efforts trigger a race with Kumar Mangalam Birla's UltraTech Cement Ltd. Both billionaires are striving to dominate ...
Adani Group plans to set up a 2 million tonne per annum cement grinding unit in Guna, Madhya Pradesh, announced Karan Adani, CEO of Adani Ports and SEZ Limited. The Adani Group is also going to ...