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 ...
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 ...
Channel checks by some brokerages suggest that dealers in the South may attempt to pass on price hikes in January. However, ...
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.
Orient merger aims for a significant synergy boost to challenge UltraTech’s market leadership. Will it improve long-term ...