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Adani Group Acquires Orient Cement
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 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 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 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.
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,
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.
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 ...
14h
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
16h
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 ...
7h
Meet man who bought India’s first Rolls Royce Spectre, he’s not Mukesh Ambani, Gautam Adani; it costs Rs…
The Spectre features a 102 kWh battery pack and weighs around 3 tons. Its electric motor generates 593 PS of power and 900 Nm ...
8h
Adani Ports SEZ Stocks Highlights: Adani Ports SEZ Stock Price History
Stay informed with the Adani Ports SEZ Stock Liveblog, your comprehensive resource for real-time updates and in-depth ...
ThePrint
7h
Adani Green Energy reports 20% YoY Growth in Q2 FY25 EBITDA, reaching Rs 4,518 crores
Adani Green Energy Ltd (AGEL) reported a 20 per cent year-on-year (YoY) growth in EBITDA for the second quarter of the 2025 ...
7h
Jagadish Reddy vows to stop Adani’s Ambuja cement factory in Ramannapet
Speaking at Telangana Bhavan on Wednesday, Jagadish Reddy voiced his support for the people of Ramannapet, opposing the ...
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