Since January 2023, Adani Group completed 33 acquisitions worth Rs 80,000 crore across ports, cement, and power, signaling recovery after Hindenburg allegations. Strategic expansion, debt reduction, and steady execution have restored investor confidence and enabled further growth across sectors
The Central government recently issued tenders to auction scrap and industrial equipment from the unit, setting an initial price of Rs 43.30 crore. This move has sparked strong opposition from the local community and employees of the cement manufacturer. BRS working president K Taraka Rama Rao has also voiced his disapproval of the decision through a post on his X handle.
Ahmedabad: The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of Indias leading cement companies -Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19 per cent in Ambuja Cements and 54.53 per cent […]
Hyderabad: Members of real estate industry bodies have decided to halt construction work for one day on April 4 across Telangana to protest against the increase in prices of input materials like steel, aluminum, cement and others. Representatives of various real estate bodies, at a press conference on Friday, flagged the increase in price of […]
CONCOR has come up with a solution of not only picking-up the commodities directly from the factory to the railways station but also of delivering the same to the end-customers
"Cost inflation is also a concern in the near term as petcoke, coal, and diesel prices are up 71 per cent, 4 per cent, and 26 per cent YoY, respectively."
It will be difficult to achieve making India a $5 trillion economy if the steel and cement prices keep going up, Gadkari said, pointing out the target of investing Rs 111 lakh crore on infrastructure projects in the next five years
The production of eight core sectors had contracted 5.1 per cent in September 2019, data released by the Commerce and Industry Ministry showed on Thursday.
