Cement industry to add 85-90 MTPA capacity, grow 6-7% by FY27
ICRA projects robust 6-7% cement volume growth in India by FY27, with industry adding 85-90 MTPA capacity. Key drivers include infrastructure and housing demand. Read the full analysis.
ICRA projects robust 6-7% cement volume growth in India by FY27, with industry adding 85-90 MTPA capacity. Key drivers include infrastructure and housing demand. Read the full analysis.
Adani Group finalises Ambuja-ACC-Orient merger to create a pan-India cement powerhouse. We analyse the winners, losers, and the road ahead in the battle with UltraTech Cement.
Motilal Oswal recommends Midwest and Ambuja Cement as top buys, citing expansion plans and strong financial targets. Discover the detailed analysis and price targets.
Go Digit General Insurance's board approves merger with its holding company, Go Digit Infoworks Services, marking the first such deal after insurance law amendments. The move aims to streamline structure and cut costs.
Adani Cement is investing Rs 2,900 crore to set up two new grinding units in Guna and Ujjain, Madhya Pradesh, creating over 3,000 jobs. This marks a major expansion of the group's cement footprint in central India.
Gautam Adani inaugurated the Sharadchandra Pawar Centre of Excellence in AI in Baramati. The Pawar family praised Adani's journey, while the MVA opposition criticised his political role. Read more.
Gautam Adani launches a new AI research centre in Baramati, declaring algorithms as the seeds of tomorrow. The event highlighted India's AI ambitions and digital infrastructure growth.
Adani Group announces a massive Rs 1.8 lakh crore investment to strengthen India's indigenous defence capabilities. Learn how this move accelerates self-reliance in military hardware.
Gautam Adani inaugurates Navi Mumbai International Airport with a stunning drone show & passenger-centric vision. Discover how NMIA will transform India's aviation landscape. Read more!
Adani Kattupalli Port's CSR initiative transforms 11 panchayats in Minjur, focusing on livelihood, health & climate. Over 100 disabled individuals benefit. Read more about their impactful community development programs.
Goldman Sachs initiates coverage on PhysicsWallah with a neutral rating. Other key calls include Avendus on LG, Nuvama on KMEW, HSBC on Ambuja Cement, and Investec on RBL Bank. Read the full analysis.
Dalmia Bharat expects mid-to-high single-digit volume growth in Q3FY26 as cement demand improves. However, muted pricing in key eastern and southern markets caps near-term upside for the stock.
Gautam Adani expressed deep honor at an event marking the Navi Mumbai International Airport's progress, sharing the stage with war heroes and nation builders. Read about the milestone and his vision.
Bollywood's Farah Khan gives a first look at Navi Mumbai International Airport, revealing its Christmas opening, unique art, and passenger-centric facilities led by Adani Group's vision.
Adani Group's merger of ACC, Orient Cement with Ambuja Cements aims to cut costs and raise margins by at least Rs 100 per tonne. Streamlining to unlock operational efficiencies.
Adani Group consolidates ACC and Orient Cement into Ambuja Cements to streamline operations, cut costs, and create a single pan-India cement platform. The move follows a $10 billion acquisition spree.
A Lucknow BTech student's life was saved by a kidney transplant after Gautam Adani stepped in to cover costs. Read this inspiring story of corporate compassion.
Ambuja Cements and Orient Cement shares skyrocketed up to 10% after their boards approved a merger. ACC, however, fell 2%. Get the full details on this major cement industry consolidation.
Ambuja Cements' board approves the merger of ACC and Orient Cement, creating a cement giant with a 79 MTPA capacity. Read about the strategic move and its impact on the Indian market.
Adani Group's Ambuja Cements board has approved the amalgamation of ACC and Orient Cement, a major consolidation move in India's cement sector. Get the latest corporate news updates.
India's eight core industries grew 1.8% in November, recovering from October's contraction. Strong performance in cement, steel, and fertilizers offset declines in oil and gas. Read the full analysis.
Adani Group CFO highlights the strategic role of Guwahati's new airport terminal in India's Act East policy, enhancing connectivity and economic growth in the Northeast. Discover the impact.
Adani Group announces major diversification into aviation MRO, engine services, and passenger-to-freighter aircraft conversion, aiming to capture a share of India's growing aviation market.
UltraTech Cement receives a Rs 782.2 crore GST demand notice for 2018-2023 period. The company plans to legally challenge the order. Read the full details.
Adani Group, India's 5th largest conglomerate, plans to build over 60 hotels and bid for a dozen airports, with a potential listing of its airport business. Jeet Adani reveals the ambitious strategy.
Mangalam Cement shares soar 10% in December, outperforming Sensex and Smallcap indices. Strong Q2 results and internal promoter restructuring drive investor confidence. Read the full analysis.
India Resurgence Fund acquires a 51% controlling stake in Shree Digvijay Cement from True North, marking its strategic entry into India's cement industry. Read the full deal details.
Gautam Adani's group plans one of India's largest hotel portfolios, targeting over 60 properties near airports. It will compete directly with Tata's Taj and Oberoi. Explore the ambitious expansion.
Adani Group, India's 5th largest conglomerate, will bid for nearly a dozen privatised airports as part of a massive Rs 1 lakh crore investment in aviation infrastructure over five years. Read more.
Navi Mumbai International Airport opens December 25 with higher user fees than Mumbai. Adani Group plans unified tariff for both airports, will shift flights to ease congestion. Details inside.