Orient Cement has an existing 5.6 mtpa clinker and 8.5 mtpa cement operational capacity. The acquisition may improve Adani Group’s country-wide market share by 2% in the cement industry.

NEW DELHI: Ambuja Cements, the cement and building material company of Adani Cement, has signed a binding agreement for the acquisition of Orient Cement (OCL) at an equity value of Rs 8,100 crore. The ...

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 ...

Nov 11 (Reuters) - India's Shree Cement (SHCM.NS), opens new tab topped second-quarter profit estimates on Monday, as higher-than-expected sales volumes helped mitigate low prices of the key ...

Ambuja Cements, an Adani Group company, has acquired 46.8 per cent stake in Orient Cement for ₹8,100 crore from its promoters. The company will make an open offer to shareholders of Orient ...

Nov 13 (Reuters) - Indian construction materials maker Prism Johnson (PRIS.NS), opens new tab on Wednesday posted a bigger-than-expected quarterly loss, as cement prices persistently declined and ...

Learn how a kanban board can improve your workflow management. Discover key components, benefits, and best practices for getting started. If you’ve ever struggled with managing tasks or projects ...

Disney is about to have its fourth board chair in just over three years, as the company continues to navigate ongoing tumult in the media industry. Chairman Mark Parker will step down at the end ...

The CK Birla Group on Tuesday (October 22, 2024) signed definitive agreements with Ambuja Cements, part of the Adani Group, to transfer its entire shareholding in Orient Cement Limited ...

According to the board, the platform was wrong to remove an August 2024 post that superimposed the faces of Harris and Walz onto a 1994 movie poster for Dumb and Dumber, on which the characters ...

A helicopter crashed into a radio tower near downtown Houston Sunday night, killing four people on board, including a child, fire officials said. Houston authorities said the aircraft, a privately ...