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CEMENT BIRLA ADANI
MSCI Rejig: Adani Energy Solutions, Lenskart Solutions make the cut; SBI Cards, Astral to be excludedAstral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the MSCI India Index. Astral and Balkr...- Dalmia Bharat plans to raise Rs 4,000 cr; targets 110-130 MTPA cement capacity by FY31Dalmia Bharat is set to raise up to Rs 4,000 crore to fuel its ambitious expansion, aiming to reach 110-130 million tonnes per annum cement...
- Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...
- Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
- UltraTech to acquire wall putty maker Wonder WallCareUltraTech Cement is set to acquire Wonder WallCare for up to Rs 235 crore to expand its portfolio of value-added products. This move contin...
- Adani, Aditya Birla groups to compete in wire & cable industry after cementBillionaires Gautam Adani and Kumar Mangalam Birla's groups are entering the wires and cables business, intensifying competition in a secto...
- New leadership for India Cements, UltraTech appoints new CEO & CFO for new subsidiaryIndia Cements Ltd announces new leadership with appointments of Suresh Vasant Patil as CEO and Krishnagopal Ladsaria as CFO. Following Ultr...
- Increased pace of capex will help achieve targeted growth ahead of time: Adani Cement CEOAdani Cement plans to reach 140 MTPA manufacturing capacity by FY28, driven by accelerated capex and recent acquisitions, including Orient ...
- Adani Cement takes over CK Birla's Orient Cement in ₹8,100 cr dealAdani Cement announced the acquisition of Orient Cement from CK Birla Group for ₹8,100 crore. This deal boosts Adani Cement's market share ...
- JSW joins the race to buy CK Birla’s flagship Orient CementStock has rallied 56% in 3 months, can help to ramp up capacity to 24 MTPA. Adani, Ultratech both has been in negotiations to take over com...
- 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...
- Orient Cement shares zoom over 5% amid UltraTech’s plans of acquisitionUltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Ada...
- Kumar Birla re-enters race to buy Orient Cement to consolidate Ultratech's Southern pushTalks between CK Birla and Adani said to be at standstill over valuation, mining clearances. Orient stock up 45% in last 1 month.
- Birla Group cements lead, Adani plans taking shapeAccording to industry observers, the competition for leadership in the cement sector is expected to escalate following the Adani group's an...
- 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...
- As Adani tries to build a challenge, Birla cements leadership with UltraTechIn the highly competitive cement industry in India, the Adani Group faces challenges in catching up to the leader, UltraTech Cement, owned ...
- Orient Cement shares jump 9% as promoter CK Birla taps Adani for stake saleThe transition will trigger an open offer for an additional 26% stake in accordance with takeover laws, which mandate an incoming promoter ...
- Orient promoter CK Birla taps Adani for cement business saleIndustrialist CK Birla has approached Gautam Adani to sell his promoter stake in Orient Cement after rejecting offers from other buyers. Bi...
- An old-money billionaire rises up against Gautam AdaniKumar Mangalam Birla comes from old money, unlike Adani, a first-generation entrepreneur. His great-grandfather, who diversified from texti...
- Gautam Adani is spoiling for an epic war with Kumar Mangalam BirlaThe Holcim deal, India’s largest-ever M&A transaction in the infrastructure and materials space, pits Adani in a race with Kumar Mangalam B...
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