Himachal Govt Not Responsible for Cement Price Hike
Himachal Pradesh Industries Minister clarifies the state government does not set cement prices, addressing public concerns. Learn about the market-driven factors behind the recent hikes.
Category : Search result: cement industry merger
Himachal Ministers Refute Opposition's Cement Price Claims
Himachal Pradesh ministers Harshwardhan Chauhan & Rajesh Dharmani reject Jai Ram Thakur's claims on cement price rise, clarifying state's role. Read the full facts here.
Cement Companies Set for Strong Q3 Revenue Growth
India's cement sector is poised for robust Q3 FY24 results with an expected 11% YoY demand surge, driven by infrastructure and housing. Key players like UltraTech, Ambuja, and Shree Cement in focus.
Ad Agencies Face Consolidation & AI Disruption in 2026
As 2025 ends, India's ad agencies grapple with a mega-merger, AI automation, and new data rules. Explore the challenges and opportunities for legacy networks in a rapidly changing landscape.
Cement Price Hike Called 'Cruel' to Disaster-Hit Himachal
Himachal Pradesh's Leader of Opposition, Jairam Thakur, condemns the recent cement price hike as an act of cruelty towards a state recovering from natural disasters. He demands immediate government intervention.
BJP's Thakur Criticises Cement Price Rise in Disaster-Hit Shimla
Leader of Opposition Jairam Thakur condemns Himachal Pradesh govt for raising cement prices post-monsoon disaster, calling it anti-people. Read how this impacts victims' recovery.
Devyani and Sapphire Foods Announce Mega Merger
Devyani International and Sapphire Foods merge in a $933 million share-swap deal, consolidating KFC and Pizza Hut operations in India. The merger aims to unlock significant synergies and create a dominant QSR platform.
Steepest Cement Price Drop in South India During Q3FY26
South India witnesses a sharp 3.9% sequential cement price drop in Q3FY26 to ₹304 per bag. Oversupply and muted demand challenge profitability. Can January hikes provide relief?
Ramco Cements Sells Assets, Focus Now on Pricing Recovery
Ramco Cements exceeds asset sale target, reducing debt by ₹1,017 crore. Stock's future growth hinges on cement price recovery and higher capacity utilisation. Read the full analysis.
Warner Bros to reject Paramount's $108.4B hostile bid
Warner Bros Discovery's board is poised to reject Paramount Skydance's amended $108.4 billion hostile takeover offer, favouring a Netflix deal. Larry Ellison's personal guarantee fails to sway doubts.
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.
Adani's Cement Merger: ACC, Orient Fold into Ambuja
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's Stock Picks: Midwest, Ambuja 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 Merges with Holding Company, First Post-Law Change
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's Rs 2,900 Crore Cement Expansion in Madhya Pradesh
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.
Brokerage Calls: PhysicsWallah, LG, Ambuja Cement, RBL Bank
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's Q3 Outlook: Demand Up, Pricing a Challenge
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.
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.
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.
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.
Netflix Secures $25B in New Debt for Warner Bros. Takeover
Netflix refinances part of its massive $59 billion bridge loan with cheaper, long-term debt to bolster its bid for Warner Bros. Discovery. The streaming war heats up with a rival offer from Paramount Skydance. Read the full details.
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.
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.
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.
Warner Bros Rejects Paramount's $108 Billion Hostile Bid
Warner Bros Discovery has formally rejected a massive $108 billion takeover bid from Paramount Global. This major move could reshape the global media landscape. Read the full story here.
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