The NCLT has approved the merger of Adani Cementation with Ambuja Cements, consolidating Adani Group's cement business. Effective from Apri...

Adani Cement is merging Sanghi Industries and Penna Cement with its flagship company, Ambuja Cements. Sanghi shareholders will receive 12 A...

Ambuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...

The Adani Group, India's second-biggest cement maker, had entered the sector by acquiring Holcim's India operations in 2022. As with Holcim...

ACL has acquired land to set up 2.5 MTPA (million tonnes per annum) along with captive jetty at Amba River, Raigad (Maharashtra). Besides, ...

Barclays Plc is expanding its advisory business in India by hiring Sameer Sood and Srikanth Chakka from Credit Suisse. Sood will join as a ...

Adani Group will continue to use its ACC and Ambuja cement brands for selling cement products and will not merge the two entities, said Aja...

Barclays has reduced its exposure to Indian conglomerate Adani following allegations made by short-seller Hindenburg Research earlier this ...

Adani's listed shares in India have clawed back some $50 billion in its market capital after a rout triggered by U.S. short-seller Hindenbu...

Vinod Bahety, who’s been helming Adani Enterprises Ltd.’s M&A activity, will move to a new business vertical and a formal announcement coul...

The April-June quarter of 2022 saw the strongest deal making activity, pushing the total deal value to a record USD 130.3 billion in the fi...

These derivative bets, said to be of shorter maturities, will cover the exchange rate risk on more than $5 billion as and when the acquisit...

As per the indirect transfer of shares regulations any asset that derives most of its value (50%) from Indian assets, should be taxable dom...

Tax department officials told ET that the deal was unlikely to face capital gains tax if Holcim had acquired the stakes before 2017, when I...

The biggest acquisition of an Indian company has been Walmart’s acquisition of Flipkart for $16 billion in 2018. The purchase of Essar Oil ...

The JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...

To counter its polluting credentials, Jenisch is not shying away from divesting Holcim's sprawling India operations - along with similar sa...