India's UltraTech buys stake in Star Cement

India's UltraTech buys stake in Star Cement as Adani rivalry continues
By Hritam Mukherjee and Ashna Teresa Britto (Reuters) -UltraTech India's top cement maker will buy an 8.69% stake in Star Cement, it said on Friday, in a deal worth up to 8.51 billion rupees ($100 million) for a company that rival Adani Group was reportedly interested in acquiring.
UltraTech Cement acquires 8.7% stake in Star Cement for Rs 851 crore
UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore.
UltraTech Cement To acquire 9% Stake In Star Cement
In an exchange filing, UltraTech Cement said that the shares were acquired at a price of INR 235 per share during the block deal window.
India's UltraTech buys stake in Star Cement for up to $100 million
India's UltraTech Cement will buy an 8.69% stake in Star Cement , it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the sector.
On Shopping Spree: After India Cements, UltraTech Cement Takes Rs 851 Cr Stake In This Company
In a BSE filing, Ultra Tech Cement said it has acquired a minority share in Star Cement. UltraTech Acquires Minority Stake In Star Cement: Details In a BSE filing, Ultra Tech said,“The Board of Directors of the Company at its meeting held today considered the proposal and approved making an investment to acquire non-controlling minority stake upto

Virat Kohli, Yashasvi Jaiswal and India

OBITUARY Osamu Suzuki, who led Japanese automaker into India, dies at 94
Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in ...
STAT1h
People from India remember life before the polio vaccine. They don’t want to go back
Indian-Americans who remember life before the polio vaccine are worried about what RFK Jr. could do in the U.S.
eNCA1h
India announces state funeral for former PM Manmohan Singh
NEW DELHI - India announced seven days of state mourning on Friday after the death of former prime minister Manmohan Singh, ...
Year Ender 2024: How did India rank on global economic indexes this year
The fifth largest economy in the world, here's an overview of India's rankings across various global economic indexes in 2024 ...
Teenage Australia opener, India veteran Kohli spar on opening morning of 4th cricket test
Australia’s rivalry with India turned physical as Virat Kohli collided with 19-year-old Australia batter Sam Konstas on the ...
india-briefing.com8m
India’s Economic Outlook in 2025: GDP Forecast and Key Sectors to Watch
India's economic outlook for 2025 shows moderate GDP growth, inflation challenges, and opportunities in key sectors such as ...
BPCL plans $11 billion refinery proj in South India
India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and ...
The Financial Express2h
2024: A Landmark Year for India’s Defence Sector
India made significant strides in defense modernization, self-reliance, and export growth, reinforcing its position as a ...