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Adani Group Acquires Orient Cement
Adani's Ambuja to buy a 47% stake in Orient Cement for $451 million
Ambuja Cements, India's No.2 cement maker, said on Tuesday that it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts said there were doubts about the deal receiving regulatory approval.
Adani Conglomerate Acquires Orient Cement for $963 Million
Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Adani Acquires Orient Cement At Rs 8,100 Crore Equity Value
OCL has 5.6 MTPA clinker capacity and 8.5 MTPA cement capacity along with statutory clearance to increase the clinker capacity by another 6.0 MTPA and cement capacity by another 8.1 MTPA
Adani's Ambuja to buy $451 mln stake in CK Birla's Orient Cement, stokes regulatory worries
Ambuja Cements , India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts raised doubts about the deal winning regulatory approval.
Adani Group Buys Orient Cement as Race With Birla Heats Up
Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement Ltd. in a deal valued at 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies
Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, stepping up acquisitions amid intensifying rivalry with tycoon Kumar Mangalam Birla.
Adani's Ambuja Cements to acquire stake in India's Orient Cement at $964 million valuation
India's Ambuja Cements said on Tuesday it would acquire a 46.8% stake in Orient Cement, valuing the company at 81 billion rupees ($963.5 million). The Adani-owned cement maker will buy the Telangana-based company's shares at 395.
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of ₹8,100 crore as part of its expansion drive. Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group,
1d
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation ...
3h
Adani Ent Share Price: Adani Enterprises Current Trading Status
Stay updated with the Adani Ent Stock Liveblog, your one-stop destination for real-time information and analysis of a leading ...
India Infoline
4h
Adani Energy Solutions' Shares Dip 4% Post SEBI Notice
In its exchange statement for the September quarter results, the company noted the receipt of the SCN without providing ...
6h
Adani Group gets SEBI notice over allegations of misclassifying certain investors
Mumbai: The Securities and Exchange Board of India (SEBI ) has issued a notice to the Adani Group over allegations of ...
5h
Adani Green Energy Share Price Today on : Adani Green Energy share are down by -1.88%, Nifty up by 0.27%
On the last trading day, Adani Green Energy opened at ₹1690 and closed at ₹1652.5. The stock reached a high of ₹1690 and a ...
7h
SEBI Issues Show Cause Notice To Adani Group Over Alleged Misclassification Of Public Shareholders; Details
The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to the Adani Group for allegedly ...
4h
Revanth Reddy in double-engine arrangement with Modi-Adani to loot Telangana, says KTR
Hyderabad: BRS working president KT Rama Rao on Wednesday said Chief Minister A Revanth Reddy had entered into a ...
abp LIVE
21h
Adani Energy Solutions Q2 Results: Profit Increases Three-Fold To Rs 773 Crore
Total income also grew significantly, rising to Rs 6,359.80 crore during this period, compared to Rs 3,766.46 crore in the ...
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