Ambuja Cement—backed by Indian ports-to-power billionaire Gautam Adani—agreed to buy Penna Cement Industries at an enterprise value of 104.2 billion rupee ($1.2 billion), boosting the group's ...
Dec 27 (Reuters) - UltraTech (ULTC.NS), opens new tab India's top cement maker will buy an 8.69% stake in Star Cement (STAT.NS), opens new tab, it said on Friday, in a deal worth up to 8.51 billion ...
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India's cement industry to grow 6-7% in FY27, aided by housing and infra sector: ICRA
The Indian cement industry is anticipated to sustain its mid-single-digit growth journey in the nest fiscal, helped by the ...
Kumar Mangalam Birla, chairman of Aditya Birla Group and Grasim Industries Ltd., during a media event at the Grasim Industries' paint factory for Birla Opus in Panipat, Haryana, India, on Thursday, ...
India Cements reported a narrower second-quarter loss on Friday, supported by improved pricing and demand from a year ago, when general elections had dampened construction activity across the country.
Competition is intensifying in India's cement industry, with the Adani Group's cement venture dialling up its capacity expansion target by just above 10%, a fortnight after larger rival UltraTech ...
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