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Ambuja Cements

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ITC, Kalyan Jewellers, Ambuja Cement among major BJP donors

The ruling Bharatiya Janata Party received over Rs 785 crore in contributions from individuals, electoral trusts and corporates in 2019-20, which is over five times more than what the Congress......

Cong in wait and watch mode as BJP, Sena lock horns over CM's post

Adopting a wait-and-watch policy, top Congress leaders from Maharashtra deliberated on the current political situation in the state on Friday as the impasse over government formation by the......

Prez rule in Maha if no govt by Nov 7: BJP leader

Maharashtra may head for President's Rule if the new government in the state is not in place by November 7, Finance Minister and Bharatiya Janata Party leader Sudhir Mungantiwar said on......

UltraTech acquisition fuels market consolidation talks

Ultratech Cement’s acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. Photograph: Jayanta......

M&A deal value slows 9% to $38 billion in the first half of 2024

The deal value of mergers and acquisitions (M&A) in the first half of calendar 2024, despite the rising stock markets, slowed 9 per cent to $38 billion as against $41.74 billion in the same period......

UltraTech Cement to acquire 23% in India Cements

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore.......

Adani Group aims to become leader in cement sector in 4 years

Ambuja Cements’ announcement that it would acquire Hyderabad-based Penna Cement Industries could be the Adani Group company’s first step for wider inorganic expansion, according to......

LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore

Government-owned Life Insurance Corporation of India (LIC) has seen substantial gains from its investments in Adani group shares, which have experienced a significant recovery over the past year.......

Now, It's Shah Rukh Vs Sunny Deol

After The Great Khali and before him Big B put their weight behind it, the Indian cement industry has brought on board two other celebrities to solidify its growth. Of the top four companies,......

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