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Adani Group Buys Orient Cement
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 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 million 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 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,
57m
Meet man who secured Rs 6300 crore from Abu Dhabi firm, runs Rs 86805 company, not Mukesh Ambani, Adani
He is an Indian billionaire with a net worth of Rs 28587 crore, as per Forbes. Prashant Tamta Updated : Oct 23, 2024, 06:08 ...
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 ...
5h
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 ...
7h
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
KTR condemns house arrest of BRS leaders over Adani-Ambuja cement factory’s public hearing
He demanded their immediate release, accusing the Congress government of using authoritarian tactics to suppress dissent and ...
9h
Adani Ports SEZ Stocks: Adani Ports SEZ ends previous day at Rs 1362.85
Stay informed with the Adani Ports SEZ Stock Liveblog, your comprehensive resource for real-time updates and in-depth ...
1d
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 ...
India Infoline
7h
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 ...
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