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Will Ambuja Cement surpass UltraTech and lead India's cement industry?
India's cement industry is growing fast, driven by rising construction, infrastructure projects, and housing demand. Big companies like UltraTech, Ambuja, and Shree Cement lead the market. Ambuja ...
Motilal Oswal also termed the move a strategic step toward simplifying the group structure and driving long-term value. The ...
BENGALURU, Dec 20 (Reuters) - India's antitrust watchdog on Friday approved, opens new tab UltraTech Cement's (ULTC.NS), opens new tab acquisition of India Cements (ICMN.NS), opens new tab. The ...
Orient merger aims for a significant synergy boost to challenge UltraTech’s market leadership. Will it improve long-term ...
Ambuja Cement—backed by Indian ports-to-power billionaire Gautam Adani—agreed to buy Penna Cement Industries at an enterprise value of 104.2 billion rupee ($1.2 billion), boosting the group's ...
Kumar Mangalam Birla, chairman of Aditya Birla Group and Grasim Industries Ltd., during a media event at the Grasim Industries' paint factory for Birla Opus in Panipat, Haryana, India, on Thursday, ...
India Cements reported a narrower second-quarter loss on Friday, supported by improved pricing and demand from a year ago, when general elections had dampened construction activity across the country.
The merger follows a rapid acquisition spree since 2022 and aims to streamline operations, cut costs and create a single ...
Professor Vikram Gandhi’s Immersive Field Course (IFC) “Development while Decarbonizing: India’s Path to Net-Zero" delved into the critical aspect of decarbonization and sustainability goals amid ...
Outlook Business on MSN
India's cement industry to grow 6-7% in FY27, aided by housing and infra sector: ICRA
The Indian cement industry is anticipated to sustain its mid-single-digit growth journey in the nest fiscal, helped by the ...
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