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VADRAJ ENERGY
Cement makers staring at ₹200/tonne cost shock as West Asia war sends petcoke and packaging costs soaringIndia's cement sector is grappling with soaring input costs. Rising prices of petcoke, coal, and packaging materials are squeezing profit m...
Nuvoco Vistas to buy Vadraj Energy for Rs 200 crore to secure captive powerNuvoco Vistas Corp is acquiring Vadraj Energy (Gujarat) for Rs 200 crore from JSW Cement and Alpha Alternatives Holdings to secure captive ...
Nirma Group’s Nuvoco Vistas acquires Gujarat-based Vadraj Energy in Rs 200 crore dealIn a strategic move, Nuvoco Vistas Corporation, the cement division of Nirma Group, has finalized an all-cash acquisition of Vadraj Energy,...
Billionaire battle heats up as Adani challenges Birla for cement dominanceBillionaire tycoons Gautam Adani and Kumar Mangalam Birla are in a fierce competition within India's cement industry, focusing on acquiring...
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...
Adani Unit, ArcelorMittal, JSW in race to buy Vadraj CementThe Bombay High Court had, in August 2018, ordered the winding up of Vadraj Cement after a trade creditor, Beumer Technology India, dragged...
ABG Shipyard scam: Delhi HC stays banks' decision declaring Rishi Agarwal's account as fraudAgarwal and his companies are being investigated by the Central Bureau of Investigation, the Enforcement Directorate and the Serious Fraud ...