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PENNA PRATAP REDDY
A war of titans builds up in India's cement sectorThe UltraTech-India Cements deal comes two weeks after Adani Group unit Ambuja Cement announced acquisition of Hyderabad-based Penna Cement...- Ambuja Cement shares surge 4% after acquiring Penna CementShares of Ambuja Cements, owned by the Adani Group, surged by 4% to reach a new all-time high of Rs 690 in early Friday trading on the BSE....
- Ambuja cements deal to acquire Hyderabad-based PennaOf the enterprise value, Ambuja Cement will hold back around ₹3,500 crore as milestone payments for completion of 2 million tonne (MT) ceme...
- Ambuja Cement acquire 100% stake in Penna Cement for Rs 10,422 croreAmbuja Cement, a company owned by Adani group, has signed a definitive agreement to acquire Hyderabad-based Penna Cement at an enterprise v...
- Ambuja Cements to acquire 100% stake in Penna Cement for Rs 10,422 croreThe acquisition will be fully funded through internal accruals, the filing said. The move is expected to boost Ambuja Cements' growth, said...
- Ras Al-Khaimah Investment Authority sends India arbitration noticeThe international arbitration notice has been filed citing provisions of the India-UAE Bilateral Investment Protection Agreement and UNCITR...
- Corruption case: Jagan, others accused appear in CBI courtY S Jaganmohan Reddy and others accused in an alleged corruption case appeared before a special CBI court in connection with Penna Cements ...
- Leases granted to Penna Cement for limestone mining cancelledAndhra Pradesh government issued an order cancelling the leases granted to Penna Cement Industries for limestone mining in an extent of 106...
- Andhra Pradesh government scraps Penna Cement's limestone mining leasesThe Andhra Pradesh government today cancelled the limestone mining leases granted to Penna Cement Industries, saying the company had failed...
- CBI names N Srinivasan in Jagan case charge sheetThe CBI charged India Cements with criminal conspiracy, cheating, criminal breach of trust, falsification of accounts.
- CBI summons BCCI chief N Srinivasan in Jaganmohan's caseCBI summoned BCCI chairman N Srinivasan in his capacity as managing director of India Cements Ltd, asking him to appear before the agency.
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