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Ambuja Cements Ltd

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IMG seeks deallocation of two more coal mines

Continuing scrutiny of coal blocks which failed to meet development timelines, the Inter-Ministerial Group on Thursday recommended de-allocation of two more mines, raising to 13 the number of......

Corporates contributed Rs 379 crore to political parties in 8 yrs

The Association for Democratic Reforms has stated in its report that 87 percent of the contributions or donations made to political parties in the past eight years were from business houses. The......

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into......

Investors' kitty swells by nearly Rs 8 lakh crore

Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets.......

Adani to buy CK Birla group firm Orient Cement for Rs 8,100 cr

Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of Rs 8,100 crore as part of its expansion drive. Photograph: PTI Photo......

JP Morgan gives 'overweight' rating to four Adani bonds

US investment banker JP Morgan has given 'overweight' rating on four Adani group bonds, comforted by ability to scale and grow using internal cash flows which reduces the scope for credit stress.......

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated......

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