Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore. Ambuja will ...

The cement industry is in the thick of a consolidation phase as the Aditya Birla group’s Ultratech Cement and the Gautam Adani group battle it out to dominate this commodity business critical to ...

Orient Cement, part of the CK Birla Group, reported a massive 90.5% drop in net profit for Q2 2024, alongside a significant ...

The Adani Group is in advanced discussions with the Odisha government to build its first greenfield cement factory, two years after embarking on its cement odyssey with a series of acquisitions ...

Ambuja Cements—part of billionaire Gautam Adani’s ports-to-power business empire—agreed to buy a 47% stake in Orient Cement in a deal valued at 81 billion rupees ($963 million) as the Adani ...

Ahmedabad: Ambuja Cements, a part of Adani Cement and Adani Group, announced on Tuesday that it has signed a binding agreement to acquire a 46.8 per cent stake in Orient Cement Ltd (OCL).

Adani Cement intensified the battle for market share on Tuesday when it announced the buyout of CK Birla Group’s Orient Cement at an equity value of 8,100 crore. The cement industry is highly ...

Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of Rs 8,100 crore as part of its expansion drive. Photograph: PTI Photo ...

(MENAFN- Adfactors PR) Bengaluru, 22 October 2024: Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the signing of ...

Adani Group company Ambuja Cements has agreed to acquire 46.8 per cent shares of B K Birla Group’s Orient Cement Ltd (OCL) for Rs8,100 crore. Adani said the acquisition will be funded through ...

Adani Group company Ambuja Cements said Tuesday it has agreed to acquire CK Birla group company Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore ($964 million). Ambuja will acquire 46.8% ...