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......

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next......

India Inc capital expenditure story gets cement to semiconductor push

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. Illustration: Uttam......

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter......