Sanghi Inds set to buy out Rs 500 cr of Kotak bonds earlyThe fund was utilised to reduce the company's debt, including prepayment of term debt amounting to ₹210 crore and reduction of working capi...
Ambuja Cements clinches Sanghi Industries deal on better terms and speedy closureET had reported on July 25 that Adani Group's Ambuja Cements-ACC and JK Lakshmi Cement were leading the race to acquire the Ahmedabad-based...
Ambuja Cements acquires majority stake in Sanghi Industries at enterprise value of Rs 5,000 crThe acquisition will be fully funded through internal accruals, said a statement from Ambuja Cements. Besides, it would make an offer to ac...
Adani group to expand SIL's Sanghipuram captive port capacity to handle large shipsAdani Ports and Special Economic Zones (APSEZ) CEO Karan Adani announced that the Adani group will expand the captive port capacity of Sang...
Sanghi Industries shares jump 5%, Ambuja Cement climbs over 3%Ambuja Cement on Thursday announced the acquisition of a majority stake in Sanghi Industries, one of the leading cement manufacturers from ...
Adani’s Ambuja-ACC reaches agreement to buy Sanghi CementsSanghi Cement is controlled by the family of Ravi Sanghi who are the promoters of the listed Sanghi Industries. Sanghi Industries’s shares ...
Adani’s Ambuja-ACC is frontrunner to acquire Sanghi CementsAs per sources aware of the matter, Adani group has come close to the expected enterprise value of Rs. 6000 crore that Sanghi Cement’s prom...
Adani group's Ambuja-ACC, JK Lakshmi lead race to acquire Sanghi CementAdani group-owned Ambuja-ACC and JK Lakshmi are the leading contenders for acquiring Sanghi Cement, according to sources. Ahmedabad-based S...
Buy Greaves Cotton, target price Rs 183: Sharekhan by BNP ParibasGreaves Cotton., incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 2921.16 Crore) operating in Engineering sec...
Buy Greaves Cotton, target price Rs 183: Sharekhan by BNP ParibasPerformance of Greaves Cotton is expected to improve on revival of its EV business.
Publishers versus authors: Who will pay GST on royalty?The Meerut Publishers’ Association filed the writ petition on September 11 against the Centre, and the subject matter is the biggest indire...
- Buy Sanghi Industries, target Rs 114: Kunal Bothra
Buy Sanghi Industries at a price target of Rs 114 and a stop loss at Rs 100 from entry point.
- Buy Sanghi Industries, target Rs 115.0 : KR Choksey Securities
Buy Sanghi Industries Ltd. at a price target of Rs 115.0 and a stop loss at Rs $Parser.toNumber($stopLossL) from entry point
- Why no show-cause notice issued to aviation firm: Delhi High Court asks Centre
The Delhi High Court today asked the Centre to explain as to why no show-cause notice was issued to Ravi Rishi-led Vectra group's aviation ...
- Sanghi group denies violating corporate governance norms
The feud between the promoters of the Sanghi Group has turned murkier, with Sanghi Industries (SIL) on Wednesday saying that it had not vio...
- Sanghi bros row: Hope of early settlement dims
The prolonged feud between promoters of the Rs 6,000-crore Sanghi Industrial Group has intensified, dashing hopes of an early settlement en...
- Cement cos to claim carbon credits under Kyoto Protocol
The cement sector is set to become one of the major gainers of the CDM under the Kyoto Protocol Agreement, which enables developing countri...