Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including a mandatory open offer, a media report said. The deal, aimed at strengthening ...
The Adani Group is reportedly pursuing multiple acquisitions in the cement sector, which includes Penna Cement, Saurashtra Cement, Jaiprakash Associates, and Vadraj Cement owned by ABG Shipyard as ...
The acquisition is value accretive considering it will balance Adani Cement’s clinker facilities in north India, the company said in a BSE filing. The cement industry is in the positive cycle of ...
Adani Group plans to set up a 2 million tonne per annum cement grinding unit in Guna, Madhya Pradesh, announced Karan Adani, CEO of Adani Ports and SEZ Limited. The Adani Group is also going to ...
Ambuja Cement, the cement and building material company of Adani Group, announced the signing of a binding agreement for the ...
Two people directly aware of the Adani group’s plans said the conglomerate plans to acquire companies primarily in cement, airports, defence, ports, power, and consumer goods this financial year.
implying an estimated value of $235 million BHEL secures orders from Adani Power worth INR 11,000 crore with supply of projects to be completed in 49 months (Kawai Phase-II), 52 months (Kawai ...
Besides, Adani Cement also amplifies the pace of capacity expansion and is expected to have an accelerated growth rate of 16 per cent to reach 140 MTPA (million tonnes per annum) by FY2028. The ...
Adani is believed to have outbid competitors, including Abu Dhabi's top dredging company and the RPG Group's KEC International. India’s cement sector is witnessing heightened competition as ...
New Delhi: The Adani group will manufacture microchips for ... multiple officials aware of the plans said. The ports-to-cement conglomerate has tied up with Israel’s Tower Semiconductor to ...
The offer price of Rs 600 apiece is at a 5 per cent discount to Thursday's closing price of Rs 632.90 on BSE. Besides, Adani Cement also amplifies the pace of capacity expansion and is expected to ...