Adani Cement Merger to Lift Ambuja Margins by Rs 100/Tonne
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.
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Adani Merges Cement Units into Ambuja to Cut Costs
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.
UP Power Corp Seeks Rs 3,744 Crore for Distribution Losses
UPPCL requests Rs 3,744.45 crore in UP's supplementary budget to cover losses under the RDSS scheme, despite recent praise for debt reduction. Details inside.
Ambuja, Orient Cement Shares Surge 10% on Merger Nod
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 Cement Merges ACC and Orient Cement
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.
Ambuja Cements Board OKs ACC, Orient Cement Merger
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.
Core Sector Grows 1.8% in November, Snaps Contraction
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.
UltraTech Cement to Contest Rs 782 Crore GST Demand Notice
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.
Mangalam Cement stock jumps 10% in Dec amid market fall
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.
IndiaRF Buys Majority Stake in Shree Digvijay Cement
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.
Hyderabad Gets 100+ Modern Pole-Mounted Power Transformers
TSSPDCL modernises Hyderabad's power grid with over 100 advanced pole-mounted transformers, enhancing safety, saving space, and easing maintenance. Read about the new initiative.
Visakhapatnam NGO's Breakthrough in Radiation-Resistant Concrete
Visakhapatnam-based INSWAREB's novel nano concrete (NAC) can prevent cracks in nuclear reactor shields. Their irradiated cement materials promise to extend infrastructure life, with BARC now involved.
Chandigarh: CPDL's Doorstep Power Connection Camp Registers 88
CPDL launches consumer-friendly doorstep camps for new electricity connections in Chandigarh. First camp in Sector 25 sees strong response. Initiative aims for faster, transparent service.
NGT gives 4 weeks for ACC Cement pollution report
The National Green Tribunal has given a joint committee four more weeks to file its report on alleged air pollution by ACC Cement's plant in Himachal Pradesh's Bilaspur. Key hearing set for February 2026.
Gadkari: Nagpur's Zero Mile Road Pothole-Free for 25 Years
Union Minister Nitin Gadkari launches ₹150 crore cement concrete projects for Zero Mile & Central Avenue in Nagpur, promising durable roads, modern footpaths, and cycle tracks for a future-proof city.
India Plans AI Push to Reduce Electricity Bills
India's Power Ministry plans wider AI use in distribution networks to cut electricity bills and reduce losses. A national conference will drive adoption. Read more.
Power Minister Pushes DISCOMs for Smart Meter Transition
Union Power Minister RK Singh urges DISCOMs to accelerate smart meter installation for consumer-centric systems. Learn about the ₹3 lakh crore RDSS scheme's goals.
Adani Group Deepens Rs 60,000 Crore Investment in Andhra Pradesh
Adani Group reaffirms its massive Rs 60,000 crore investment in Andhra Pradesh, accelerating green energy, ports, and cement projects for robust economic growth. Discover the details.
Sugs Lloyd Secures ₹43.37 Cr PSPCL Order Under RDSS
Sugs Lloyd Limited bags a major ₹43.37 crore turnkey order from PSPCL for loss reduction works under the RDSS scheme in Punjab, aiming to upgrade the state's power distribution network.
Cement firms push premium products as price war looms
India's cement majors are boosting premium offerings to protect margins post-GST cut, but analysts warn of an unsustainable strategy and looming price competition in the segment.
Rain Industries: High Debt Blocks Third Boom-Cycle Rally?
Rain Industries' stock lags despite strong aluminium prices. High debt & interest costs pose a challenge. Can its cement expansion & deleveraging plan reignite investor optimism? Analysis inside.
Cement Firms Focus on Volumes as Prices Remain Flat
Indian cement companies shift to volume-led growth as prices stagnate despite GST cut. Demand recovery expected in December amid rising competitive pressure from capacity expansions.
Newborn named Radha in Meerut murder case drama
Muskan, accused of murdering husband Saurabh Rajput, names newborn daughter Radha as in-laws demand DNA test. Baby born on father's birthday in Meerut hospital.
ECR Danapur MoU to streamline cement transport
East Central Railway's Danapur division partners with private firm to enhance cement loading efficiency at Daniyawan plant, aiming to boost freight revenue and supply chain operations. Read more.
Jefferies: India Inc's Worst Over, Cement & Telecom Lead
Jefferies forecasts a strong rebound for India Inc, with Cement and Telecom sectors set to be the fastest-growing performers by FY27. Discover the key drivers.
ACC's muted stock masks deeper questions about growth
ACC's stock declined 10% despite strong Q2 results as investors question its reliance on Ambuja Cement supply agreements rather than integrated capacity expansion. Read analysis.
J&K Has 1 Billion Tonnes of Limestone Reserves
Jammu & Kashmir reveals massive limestone deposits exceeding 1 billion tonnes, set to transform local economy and cement industry. Discover the economic potential.
India's FY27 Earnings: Cement, Telecom Lead 16% Growth
Jefferies predicts India's corporate earnings recovery with 16% FY27 growth. Cement and telecom sectors lead with 34% and 25% profit surges. Discover key investment sectors.
Nagpur woman gets jail for illegal electricity restoration
Nagpur special court sentences power consumer to imprisonment till court rising and Rs 10,000 fine for illegally restoring disconnected electricity connection. Read the full details.
Independent Films Face Screening Crisis in Indian Theatres
Despite low supply of commercial movies, India's critically acclaimed independent films struggle to secure screening slots in theatres. 46 filmmakers demand equal opportunities as audiences shift to OTT platforms post-pandemic.
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